Positive approach on field of small business finance

In September 2007, Sumitomo Corporation acquired 61% of the outstanding shares of Gallia Plus Corporation, making the company a subsidiary. Gallia Plus Corporation provides financial services focused on the needs of mid- and small-sized businesses. The company is recognized as a pioneer in the Receivables Backed Loan industry, having acquired a patent for "Receivables Backed Loan (RBL)" in 2003. Sumitomo Corporation is pursuing a policy to expand small business financing as a promising business field, focusing on the future of the ABL(*1) business, using accounts receivable, inventory or other assets as collateral security. As a Sumitomo Corporation subsidiary, Gallia Plus Corporation will be able to utilize the access to Sumitomo capital and vast network, integrating the due diligence and management expertise developed by Sumitomo as a general trading firm to become the leading company in its industry.

*1) ABL : Asset Based Lending

Gallia Plus Corporation (Japanese Site Only)