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loanLoan
Capital at risk
36
Months
9.5%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

With close to 50 years of trading, Furmanac have grown from supplying furniture components to creating a multitude of brands oriented around adjustable beds and lift-and-recline chairs. Having secured a contract with Benson's, the funds raised over the course of this campaign will be used to facilitate that contract, continuing their firm grasp on the adjustable bed market.

To provide comfort that moves with lifestyle.

From the humble roots of a furniture component supplier formed in 1968, to growing into the largest adjustable bed manufacturer in the UK, the Hilliard family have strived to operate Furmanac through exercising 4 key values that we hold to our core. Our most important value is to keep our operation customer-focused to ensure that we are continually expanding our range of products to fit the needs of those using our products.

Our beds have been able to provide a good night's sleep to people across the UK, including one particular customer with COPD who described our adjustable bed as life-changing, allowing them the to "wake refreshed and feeling well for the first time in years". The growth of our company has not gone unnoticed: in 2015 we were listed on London Stock Exchange’s 1000 Companies to Inspire Britain, a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses.

We believe that we can keep our core values while growing as a business, and recently secured a contract with Bensons for Beds, which is Britain's largest retailer of beds. With your help we are looking to raise the money required to accommodate for the increase in demand that our new partnership is bound to produce, and continue providing high-quality, comfortable beds and chairs.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Tranche (3 of 3)
£ 114k
Raised
£ 45k
Investors
236
Est close date
Funded 5 years ago in 29 days

Where will the funds go?

Facilitate new contract with Bensons for Beds
£250,000
Working capital
£16,000

Key people

John Gregory Hilliard
Chairman/Director
GH
Gee Hilliard
Director

Business brand

London, UK

"To provide comfort that moves with lifestyle."

Incorporated
51 years, 9 months

Risk warning

Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.