Orico Launches Small Business Loan Service with Abashiri Shinkin Bank

Orient Corporation (Orico), headquartered in Chiyoda-ku, Tokyo, led by President Masashi Umemiya, has partnered with Abashiri Shinkin Bank (Abashiri, Hokkaido, led by Chairman Michihiro Ban) to launch the 'New Farmer Challenge Loan' starting June 1, 2026. This loan allows for borrowing up to 5 million yen and can be used for operational or equipment funds by corporations and sole proprietors. It is designed to reduce the burden on customers needing business capital and respond quickly to their needs. Product details include: usage for operational and equipment funds (excluding refinancing of proper loans or public loans), a maximum loan amount of 5 million yen, and a loan term of up to 5 years. Eligibility is limited to sole proprietors (aged 75 or under at the time of application) or corporations with annual sales of 500 million yen or less, who meet the bank's criteria and are eligible for Orico's guarantee. Since 1983, Orico has provided guarantee services for personal loans in partnership with financial institutions and has expanded into business loan guarantees for corporations and sole proprietors. Orico aims to further strengthen its partnerships with financial institutions and provide satisfying products and services using its extensive credit business expertise.