The Box is the Middle East region’s most preferred storage and moving provider. Read below how Beehive have helped in its growth and the benefits it brought to the company.
What have you done with the funds you raised on Beehive?
We have deployed them to support new infrastructure developments. A video of how the funds are being used can be viewed on the following link: https://youtu.be/LRRE_o_rsLA
How has funding improved the business?
We’ve increased our capacity and hired more staff to scale our operations and expand our reach
What other support could your business use, aside from funding?
A deeper involvement on financial structuring with our funding partners, stepping away from traditional business loan finance which is plentifully available.
What are your business plans for the next 12 months?
Our order fulfilment operations have been growing due to an increased demand in online shopping. We are expanding on our existing infrastructure to fulfil more than 10 times the volume of orders we presently manage.
How has the relationship with Beehive impacted your financial accounting practices?
It has been a great experience to a point where Beehive stepped out of their comfort zone and structured a mezzanine finance type of deal which was specifically tailored for our needs.
How has the funding with Beehive improved your brand, image or reputation?
It is a great association of matching like-minded brands who work hard to support each other.