Beehive operates a regulated online marketplace for peer-to-peer lending, connecting businesses in the MENA region with a diverse pool of investors. This platform enables businesses to secure funding quickly while offering investors the opportunity to earn attractive returns by directly financing creditworthy enterprises.
Funding
Funding not disclosed
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) in the MENA region often face challenges in securing timely and adequate funding through traditional channels like banks, hindering their growth and potential. Investors also lack direct access to creditworthy businesses, limiting opportunities for attractive returns in the private credit market.
Solution
Beehive operates a regulated online marketplace that directly connects SMEs seeking financing with a diverse pool of investors, streamlining the funding process. The platform offers businesses fast access to capital, with financing amounts ranging from AED 100,000 to AED 2 million and flexible repayment terms. Investors can diversify their portfolios by directly funding these businesses, earning consistent returns above risk-free rates, with investments starting from AED 500. Beehive's platform also offers working capital finance, providing SMEs with short-term loans to improve cash flow by accessing up to 80% of outstanding invoices.
Target Audience
The primary target audience includes SMEs in the MENA region seeking business funding or working capital, and individual or institutional investors looking for alternative investment opportunities in private credit.
Features
- Digital SME lending platform connecting businesses and investors
- Term finance options from AED 100K to AED 2M with 12-48 month repayment terms
- Working capital finance providing up to 80% advance on outstanding invoices
- Thorough credit assessment and risk band assignment for businesses
- Autobid tool for automated bidding based on investor-defined criteria
- Transfer facility for investors to transfer finance parts, providing liquidity
- Sharia-compliant investment options