What is Peer to Peer?
How it works
Beehive’s online platform directly connects creditworthy businesses looking for funding with investors looking to support their growth.
Investors fund finance request on the platform
Business gets loan and investors get monthly returns
$1.4 Trillion P2P lending globally by 2027*
*Global Peer-to-peer Lending Industry June 2020
Innovative alternative finance, such as peer to peer lending, aims to help plug the SME finance gap.
New technology in finance has created the fintech (financial technology) industry. Fintech businesses are online businesses that provide services in a faster, cost effective and more streamlined manner.
It is already a proven and highly successful concept in the US and UK, where it has created exciting new opportunities for investors, faster access to finance for SMEs and a healthy contribution to economic development.
Access simple, hassle-free finance faster than ever before
Frequently Asked Questions
Beehive is a peer to peer lending platform. Peer to peer (P2P) lending is a form of crowdfunding and refers to investors providing finance to businesses without the use of a conventional intermediary, such as a bank. Our online platform directly connects creditworthy businesses looking for funding with investors looking to support their growth.
Currently, we are able to offer financing between OMR20,000 and OMR100,000 on terms of 12-36 months.
All businesses applying for a finance request on Beehive need to provide the necessary financial and business documentation in order that a full risk assessment can be completed. Creditworthiness is analysed against a list of data-led objectives submitted by the business and validated against third party data where possible. The information Beehive requests is in line with regional bank financing.
Businesses will pay a completion fee based on the finance term of 5%.
All repayments on Beehive are made through monthly post-dated cheques in line with Omani banking practices.
You must be an established Omani-based business (at least 2 year of trading) with an annual revenue in excess of OMR150K, a growth track record and be either profitable or be able to demonstrate a path to profitability. All business applications go through a detailed credit assessment covering the above and more.
Beehive Financial Technology SPC is registered as an Omani company with commercial registration number 1416221. Beehive Financial Technology SPC is regulated by the Financial Services Authority. All contracts are drawn up under Omani Law.