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Meeting Tomorrow: SomerCor SBA 504 – Advantages of Ownership Feature

08/10/2021|SomerCor|Chicago, Client Success Stories, Commercial Real Estate, Office/Professional Services, Renovation, SBA 504

Company Profile

Started in 2004, Meeting Tomorrow is a leading full service AV and event technology partner to Fortune 500 companies, agencies, and associations. Founder Mark Aistrope started with 15 projectors that he rented out and shipped to events. Today, Meeting Tomorrow has an AV distribution warehouse with the latest presentation equipment – everything from iPads to stage props. The company also partners with a network of technicians to provide technical assistance to serve clients nationwide.

SBA 504 Building Purchase & Renovation

Leadership at Meeting Tomorrow decided to make the jump from renting their space to owning it. Their new 28,000 SQF location in the Albany Park area of Chicago was completely renovated and personalized for company needs. Rather than paying rent each month, the company is now building equity and operating in a space tailored to their business.

“Working with SomerCor to secure a 504 loan enabled us to purchase property for our office at a below market rate with a minimal down payment requirement, freeing up cash to invest in our growth,” said Aistrope. “The SomerCor team led us through the entire process and couldn’t have been more helpful.”

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Meeting Tomorrow is Open for Business!

Meeting Tomorrow is ready to serve the AV needs of your next event. Visit https://meetingtomorrow.com/ or call (877) 441-7849 to learn more about their offerings.

Download the program flyer and connect with a member of SomerCor’s loan origination team to learn more about how the SBA 504 loan program supports improved cash flow for small businesses.