“I saw Beehive as an innovative financial product that differs from the traditional equity based crowdfunding models and so became intrigued to learn more and discover how the model works.
We have been working on a new project and as with most projects, often unforeseen circumstances arise where the project goes beyond the budget and so we saw Beehive as a quick and efficient way to fill that shortfall.
The rate from the bank was approximately double compared to the Beehive platform. This is obviously a striking advantage of Beehive over some local lenders and will be very useful to SME’s.If Beehive can deliver a platform that gives company’s access to fast cash (for appropriate uses) and gives lenders the security and peace of mind when lending their money then I believe this will be a great help to SME’s in the UAE”.
Rob Jones, Managing Director, Coffee Planet.