Newly Established Home Furnishings Business Seeking Loan in Metro Manila, Philippines
PU foam mattress producing business raising funds for showrooms, export, and customer financing.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 8 - 9 thousand |
| Run Rate Sales | USD 530 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Home Furnishings |
| Locations | Metro Manila |
| Local Time | 7:09 PM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
530 thousand
for
20.0%
annual interest,
2
years
(Native Currency: PHP 30,000,000)
Reason: Business expansion - Showrooms and stores spread out in the metro and nearby provinces and cities to...
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Collateral Available: USD 17.5 thousand
Includes physical assets worth
USD
530 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Business Overview
- Business: PU foam mattress manufacturer in the Philippines producing high-resilience foam mattresses for homes, hotels, dealers and direct consumers.
- Team & scale: Small manufacturer with 15 employees operating local production and sales channels.
- Product line: Highly resilient PU foam mattresses made with multiple formulations and manufacturing technologies to deliver durability and comfort.
- Key features: Eco-friendly, hypoallergenic mattresses with a 10-year warranty, emphasizing durability, pressure relief and antimicrobial benefits.
- Customers & traction: Early traction within a year installations in establishments and hotels, partnerships with dealers, and direct consumer sales; one customer accounts for PHP 4.5 million in sales.
- Revenue model: Direct sales to consumers, wholesale orders to dealers and hotels, and B2B contracts for institutional installations.
- Growth use of funds: Raising capital to open retail showrooms, expand export channels, and launch customer financing options to boost conversion and average order value.
- Competitive advantage: Proprietary foam formulations and production technology that offer longer lifespan and hypoallergenic, eco-friendly credentials vs. generic foam competitors.
- Market opportunity: Targeting the Philippines home furnishings and hospitality mattress market with potential expansion via exports to nearby markets.
- The profit percentage is between 40% to 50% for every mattress sold, hence a generous 20% can be paid annually to our lender.
- Team & scale: Small manufacturer with 15 employees operating local production and sales channels.
- Product line: Highly resilient PU foam mattresses made with multiple formulations and manufacturing technologies to deliver durability and comfort.
- Key features: Eco-friendly, hypoallergenic mattresses with a 10-year warranty, emphasizing durability, pressure relief and antimicrobial benefits.
- Customers & traction: Early traction within a year installations in establishments and hotels, partnerships with dealers, and direct consumer sales; one customer accounts for PHP 4.5 million in sales.
- Revenue model: Direct sales to consumers, wholesale orders to dealers and hotels, and B2B contracts for institutional installations.
- Growth use of funds: Raising capital to open retail showrooms, expand export channels, and launch customer financing options to boost conversion and average order value.
- Competitive advantage: Proprietary foam formulations and production technology that offer longer lifespan and hypoallergenic, eco-friendly credentials vs. generic foam competitors.
- Market opportunity: Targeting the Philippines home furnishings and hospitality mattress market with potential expansion via exports to nearby markets.
- The profit percentage is between 40% to 50% for every mattress sold, hence a generous 20% can be paid annually to our lender.
Products & Services Overview
The main products we sell are highly resilient PU (polyurethane) foam mattresses with 10 years warranty.Different technology and formulations are used. High resilient products that are eco-friendly and hypoallergenic.
Currently we are selling directly to customers through Facebook Marketplace.
Assets Overview
Machineries worth PHP 2 million.Raw Materials worth PHP 10 million.
Finished products worth PHP 5 million.
Office furniture and fixtures worth PHP 800 thousand.
Facilities Overview
The business has a 1,200 sqm production site under lease with PHP 250 thousand as the lease amount.We are planning to move to a 5,000 sqm property for additional machineries and storage rooms.
Capitalization Overview
We currently do not have any bank loans but there is a loan of PHP 500 thousand which was acquired from a private lender.
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