Back to Grants
IL
SomerCor VetLoan Advantage
SBA 504 financing support with veteran-focused benefits for qualifying veteran-owned businesses in SomerCor's service area.
About this program
Visit the program website for full details.
Eligibility
Veteran-owned small businesses seeking SBA 504 financing for eligible fixed assets may qualify for VetLoan Advantage benefits through SomerCor.
Requirements
- Work with SomerCor and a participating lender on an SBA 504 project.
- Show qualifying veteran ownership for VetLoan Advantage.
- Meet SBA 504 eligibility, project, equity, underwriting, and documentation requirements.