The challenge
In 2016, KNOW Creative started as a brand consultancy agency and expanded into a production and motion graphics service agency, ensuring creativity is at the heart of everything they do.
Their biggest challenge was cash flow. Many clients in the region operate with extended payment terms—sometimes up to 90 days—which made it challenging to balance their books while ensuring their talent gets paid upfront.
What Beehive did
With Beehive’s flexibility and understanding of the bigger picture of the business, KNOW Creative was able to seamlessly secure Term Finance funding, a flexible SME business finance that can be repaid over 6-36 months. This funding allowed KNOW Creative to maintain a steady cash flow, accept their clients’ payment conditions, and pay their talents upfront.
The result
Despite the challenges they faced, Beehive came through with its fast, digital, and seamless funding solutions, allowing them to invest in production verticals to produce excellent results and stable cash flow to allow them to take on more clients.
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“We’re incredibly grateful to Beehive for helping KNOW Creative reach new heights. Their support has enabled us to overcome challenges, launch exciting new projects, and stay flexible to seize new opportunities. What the proper funding can do for an SME like ours is fantastic. We’re excited to see what the future holds!”
Astrid Kirkland
General Manager / CX Director, KNOW Creative
