Participation in the Asset Based Lending (ABL) system guarantee organization implemented by the Tokyo Metropolitan Government東京都が実施する、動産・債権担保融資（ABL）制度の保証機関に参加
～売掛債権を担保とし、中小企業向け融資の円滑化を支援～

GMO Payment Gateway, Inc. (TSE Prime Market: Securities Code: 3769, President & Chief Executive Officer: Issei Ainoura hereinafter referred to as "GMO-PG"), which develops comprehensive payment-related services and finance-related services of the GMO Internet Group, participates as a guarantor for loans to SME secured by the handling financial institution under the "Tokyo Metropolitan Asset Based Lending (ABL) System" implemented by the Tokyo Metropolitan Government.
Starting today, Friday, June 28, 2024, we will start handling loan facilities with GMO-PG as a guarantor at THE SEIBU SHINKIN BANK, which is the financial institution handling company.

The Tokyo Metropolitan Asset Based Lending (ABL) System (hereinafter referred to as the "ABL) System" is a unique loan system of the Tokyo Metropolitan Government that allows SME to borrow business funds from financial institution without relying on real estate collateral by effectively utilizing various assets such as machinery and equipment (vehicles, construction machinery, machine tools, etc.), accounts receivable, and inventory owned by as collateral. Under this system, the financial institution handles a request from a specialized organization (guarantor agency or collateral evaluation agency) to evaluate and guarantee the collateral, and based on the results, the loan is made to SME.
GMO-PG will be treated as a guarantor organization under this system implemented by the Tokyo Metropolitan Government. Loans secured by accounts receivable will be examined and evaluated, and if it is found that the guarantee conditions are satisfied, the loan to SME will be guaranteed by the handling financial institution.
Since 2018, GMO-PG has been providing services such as "GMO B2B Early Payment (factoring)" to quickly monetize the accounts receivable of business operators by purchasing accounts receivable by GMO-PG in order to support BtoB businesses from a financial perspective, and "GMO B2B AR Guarantee" in which GMO-PG pays the uncollected amount in the event of non-collection of accounts receivable. In addition, in order to support more BtoB businesses, we are also collaborating with financial institution and actively supporting the expansion of the financing services that financial institution develops for business partners.

GMO-PG receives an application for evaluation and guarantee from SME through the handling financial institution, and examines, evaluates, and guarantees SME collateral for loans secured by accounts receivable. In the event of a bad debt in respect of a loan made by the financial institution, subrogation will be made based on the guarantee contract concluded with the handling financial institution.
Since GMO-PG performs both evaluation and guarantee, the handling financial institution can be smoothly financed to SME, and SME can also efficiently obtain loans using accounts receivable as collateral. Starting today, Friday, June 28, 2024, we will start handling loan facilities with GMO-PG as a guarantor at THE SEIBU SHINKIN BANK, which is the financial institution handling company.
GMO-PG will support SME 's financing in collaboration with the Tokyo Metropolitan Government and THE SEIBU SHINKIN BANK.