GMO Payment Gateway Inc. (Tokyo Stock Exchange Prime Market: Securities Code 3769, President & CEO: Koichi Arai), which provides comprehensive payment-related and financial services in the GMO Internet Group, will participate as a guarantee institution for loans to small and medium-sized enterprises using accounts receivable as collateral under the Tokyo Industrial Property and Credit Guarantee System (ABL System) implemented by the Tokyo Metropolitan Government.
Starting today, June 28, 2024, the handling of loan programs guaranteed by GMO-PG will begin at Seibu Credit Cooperative, the financial institution handling the program.

The Tokyo Industrial Property and Credit Guarantee System (ABL System) is a Tokyo Metropolitan Government-specific financing system that enables small and medium-sized enterprises to effectively utilize various assets such as machinery and equipment (vehicles, construction machinery, machine tools, etc.), accounts receivable, and inventory as collateral to borrow business funds without relying on real estate collateral from financial institutions. In this system, the handling financial institution commissions specialized institutions (guarantee institutions or collateral appraisal institutions) to evaluate and guarantee the collateral, and based on the results, lends money to small and medium-sized enterprises.
GMO-PG will now start handling the program under this system implemented by the Tokyo Metropolitan Government, providing guarantees for loans collateralized by accounts receivable by screening and evaluating the collateral for these loans, and guaranteeing the loans to small and medium-sized enterprises provided by the financial institutions upon satisfying certain requirements.
GMO-PG has been providing services such as 'GMO BtoB Early Payment (Factoring)' where GMO-PG buys accounts receivable and enables early capitalization of accounts receivable for BtoB businesses, and 'GMO BtoB Accounts Receivable Guarantee' where GMO-PG pays for any unrecovered accounts receivable for BtoB businesses when they occur, as part of our efforts to support BtoB businesses in their finance activities since 2018. To support even more BtoB businesses, we also actively cooperate with financial institutions to expand finance services that they offer to their business partners.

GMO-PG evaluates, guarantees, and inspects small and medium-sized enterprise collateral in accounts receivable-based financing through financial institutions. If loan defaults occur on loans financed by the handling financial institution, GMO-PG will perform subrogation based on the guarantee contract signed with the financial institution.
By performing both evaluation and guarantee, GMO-PG makes it easy for financial institutions to provide loans to small and medium-sized enterprises, and enables small and medium-sized enterprises to efficiently obtain loans by using accounts receivable as collateral. Starting today, June 28, 2024, the handling of loan programs guaranteed by GMO-PG will begin at Seibu Credit Cooperative, the financial institution handling the program.
GMO-PG will work together with the Tokyo Metropolitan Government and Seibu Credit Cooperative to support the financial conditions of small and medium-sized enterprises.