Salmon
About Salmon
Salmon Group was founded in July 2022 by Pavel Fedorov, George Chesakov and Raffy Montemayor. Its Philippine services include lending through Salmon Finance and banking through Salmon Bank, delivered within the Salmon app.
Company background
Product Loan
Partner-store purchase financing. Minimum deposit and promotional interest depend on the product and offer.
Who can apply
Partner-store purchase
Repayment and costs
- Down payment ranges from 0% to 70% depending on the purchase and offer.
- Select the correct Salmon product in the app and choose Go to Payment. Follow the repayment method shown there, including QR Ph where available. Verify that the payment has reduced that specific product’s balance.
Credit Line
Credit-line access has separate eligibility, including qualifying product-loan history. Review usage charges and the minimum-payment rules.
Who can apply
Selected customers
Repayment and costs
- Select the correct Salmon product in the app and choose Go to Payment. Follow the repayment method shown there, including QR Ph where available. Verify that the payment has reduced that specific product’s balance.
Moto Loan
Salmon lists Moto Loan alongside its other lending products. Confirm the partner dealer, financed unit and written repayment schedule.
Who can apply
Partner-dealer purchase
Repayment and costs
- Select the correct Salmon product in the app and choose Go to Payment. Follow the repayment method shown there, including QR Ph where available. Verify that the payment has reduced that specific product’s balance.
If you cannot repay on time
Contact Salmon support about the affected product, rather than just quoting your overall app balance. Ask which amount is overdue, what charges are included and what payment plan can be considered. Keep a written record of any revised dates.
Repayment help