Friday, September 19, 2025

Salmon rides the crest of the digital lending wave

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A growing credit-led financial technology company has launched Salmon Moto Loans—a fully digital way for customers to purchase motorcycles with transparent pricing, fast approval, and flexible payment terms.

Motorcycles are the backbone of mobility in the Philippines, with millions relying on two-wheelers to commute, earn a living, and support their families. According to Motorcycle Development Program Participants Association data, motorcycle sales in the Philippines reached 910,000 units in the first half of 2025—about 10% higher year-on-year than 2024’s.

With Salmon Moto Loans, customers can hit the road on their new motorcycles in as fast as 24 hours from application. Each payment helps them establish a successful credit history. The entire process—application to repayment—is seamless and fully digital through Salmon’s highly rated mobile app, with 4.8 stars on the App Store and Google Play.

“For millions of Filipinos, mobility is opportunity. By making motorcycle ownership more accessible and affordable, we empower customers to get to work, grow their businesses, and support their families, while also bringing more people into the formal financial system,” Raffy Montemayor, Co–founder of Salmon, announced in a statement.

“Salmon Moto Loan represents a natural progression in our mission to provide modern, reliable financial services for everyday life. Understanding the vital role two-wheelers play for riders, delivery partners, and small business owners, we designed Salmon Moto Loans to be fast, fair, and flexible so that customers can dedicate their energy to growth, not on paperwork.”

To bring Moto Loans to life, Salmon partnered with Ciclo Suerte Corporation—operating as Suerte Motoplaza—one of the Philippines’ motorcycle retailers. Since its founding in 2016, Ciclo Suerte has grown to over 90 branches nationwide, offering quality motorcycles, reliable service, and a dealer network that continues to make motorcycle ownership more accessible across the country.

“As Salmon’s partner for Moto Loans, we at Ciclo Suerte are proud to make motorcycle ownership more attainable for Filipinos,” John Derrick Gerongay, Executive Director of Ciclo Suerte, said. “Motorcycles are not just vehicles, they are lifelines—for work, for family, for progress. With our extensive dealer network of more than 90 branches, combined with Salmon’s innovative financing solutions, we can make motorcycle ownership easier and more efficient for thousands of riders.” MBI Torque&Power

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