A major milestone for SME lending in the UAE
Beehive is proud to announce a landmark achievement in the region’s financial landscape. We have secured a first-of-its-kind structured funding arrangement for SME lending from Goldman Sachs Bank USA and Magellan Capital.
This significant development marks a new chapter for Beehive and a major step forward for SME financing in the UAE.
Under this new arrangement, an initial AED 500 million will be deployed through the Beehive platform throughout 2025. These funds will be directed toward highly rated SMEs across the UAE, enabling them to scale, innovate, and strengthen their contribution to the local economy.
The structure of the funding includes:
Senior funding commitment from Goldman Sachs Bank
Mezzanine participation from Magellan Capital
This partnership positions Beehive to grow its lending capabilities while further expanding its support to SMEs, an essential pillar of the UAE’s economic development.
A major achievement made possible by our community
At Beehive, breakthroughs like this are only possible because of the collective dedication of our team, the trust of our investors, and the ambition of the SMEs we serve.
For additional details, read the full announcement on LinkedIn.
