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 biggest challenge was their 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 was able to expand their business operations and address their cash flow challenges, enabling them to manage their financial resources and seize new growth opportunities effectively.
The result
Despite the challenges they faced, Beehive came through with its fast, digital and seamless funding solutions, allowing them to secure major transport clients and grow 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.”