Salmon Finance launches in-store moto loans service
Fintech firm teams up with Suerte Motoplaza for latest offer
MANILA: Salmon Finance is boosting its business in the Philippines after officially starting its in-store motorcycle loans service.
KEY TAKEAWAYS
Which company did Salmon Finance partner with for in-store motorcycle loans?
Salmon Finance partnered up with Suerte Motoplaza for in-store motorcycle loans.In which branches of Suerte Motoplaza is Salmon Finance’s in-store motorcycle loans available?
Salmon Finance’s in-store motorcycle loans are available in Suerte Motoplaza’s Metro Manila branches.To launch this offering, the financial technology company teamed up with multi-brand dealer group Suerte Motoplaza to make the product available in the latter’s select branches in Metro Manila and soon, in more areas nationwide.
The launch of its in-store motorcycle loans program followed the introduction of digital financing for two-wheelers last year.
In a statement, Salmon Finance said that its latest endeavor marks the next phase of its motorcycle financing business. This also boosts its presence “at a critical moment
in the customer journey – right where purchasing decisions are made.”
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Through the partnership, customers purchasing a vehicle at Suerte Motoplaza can easily access Salmon’s credit services at the point of purchase — with the entire journey (from application to loan repayment) being fully digital.
Customers can also receive credit decisions in as fast as one minute, making the experience seamless and efficient.
Further Sakmon Finance noted that the such convenience can be done outside stores—with the loan repayments can be completed entirely online, allowing customers to manage their loans anytime, anywhere.
“For many Filipinos, a motorcycle is more than just a vehicle; it is a source of livelihood,
a practical commuting solution, and a way to navigate heavy traffic efficiently. As two-
wheeled transport continues to grow in popularity in the Philippines, we are committed
to making ownership more accessible through fast, convenient financing solutions,” Salmon Co-Founder Raffy Montemayor was quoted as saying.
“We’re happy to partner with Suerte Motoplaza in bringing this experience closer to
customers,” he added.
To note, Suerte Motoplaza carries models under Honda, Kawasaki, Suzuki, and Yamaha.
Outside of motorcycles, the company also offers helmets, parts and gears, as well as engine oils in their dealership.
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