Mitraland, RHB partner on green financing scheme for SMEs

KLANG (May 25): Mitraland Group has partnered with RHB Bank Bhd (KL:RHBBANK) to introduce an SME Green Building Financing Scheme aimed at supporting businesses investing in sustainable industrial and commercial properties.

The collaboration will provide financing solutions that combine property financing with working capital support, allowing business owners earlier access to funds for operational setup, equipment purchases, expansion plans and cash flow requirements.

According to Mitraland in a partnership signing event on Monday, the scheme will support purchasers of two GreenRE-certified developments by the developer — ELEV8 Entrepreneurs’ Park in Dengkil and Novva Nexus, a Grade A office tower within the Gravit8 township in Klang South. 

Buyers may also enjoy preferential financing packages for eligible industrial property financing applications submitted before Dec 31, 2026.

The developer added that this partnership marks the first developer collaboration under RHB’s SME Green Building Financing Scheme.

Mitraland group chief executive officer Chris Chen said the partnership reflects a shared commitment towards advancing sustainable development while improving financial accessibility for businesses and entrepreneurs.

“Through this collaboration, purchasers of Novva Nexus and ELEV8 Entrepreneurs’ Park can access financing of up to 205%, covering property purchases, insurance premiums and working capital requirements.

“The scheme is aimed at lowering entry barriers for SMEs while supporting investment into sustainable commercial and industrial properties,” he said.

RHB Banking Group managing director of group corporate and business banking Wendy Ting said the collaboration would allow SMEs to access financing solutions beyond property ownership by also supporting working capital needs from the early stages of a project.

“Many SMEs are looking to strengthen their operations and position themselves for long-term growth. They are also facing growing expectations on sustainability and business practices from customers and business partners.

“As these expectations continue to evolve, businesses are becoming more mindful about how they expand and invest. With this scheme, SMEs are able to access working capital earlier in the expansion process, rather than only upon project completion, giving them greater flexibility in managing cash flow, operational costs and growth plans,” she said.

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