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Dubai firm launches funding scheme to help SMEs balance their cash flow

Dubai firm launches funding scheme to help SMEs balance their cash flow

A Dubai-based peer-to-peer online lending platform has launched an invoice financing service to help local SMEs ease cash flow issues.

SME Invoice Financing product, a new offering of Beehive, the UAE’s first online marketplace for peer-to-peer (P2P) lending, is aimed at closing the gap between the moment a business issues an invoice and when it receives the actual payment.

Alternative Financing