Business Funding Case Study
The challenge
The company started when like-minded people came together with a vision to cater to the region’s growing need for logistic support. During the initial period, they focused primarily on Dubai, and in 2013, entrepreneurs from Oman joined up to establish a branch in Muscat.
Their primary challenge was cash flow. They wanted to secure big transport clients, but with non-supportive cash flow, they kept losing to competitors, which resulted in losing some of their prime customers.
What Beehive did
With Beehive’s business funding, Western Express expanded its business operations and addressed its cash flow challenges, enabling it to effectively manage its financial resources and seize new growth opportunities.
The result
Despite the challenges they faced, Beehive came through with its fast, digital and seamless funding solutions. Western Express used the funds as bridge finance to secure several significant contracts, which allowed them to establish an additional branch in Oman.
“We highly recommend Beehive to other SMEs because of its fast-funding process. As a business owner, I advise other entrepreneurs to forecast their financial requirements well, ensure they can meet their repayment schedules, and plan for a buffer.”
– Mohammed Sajid
General Manager, Western Express
