What loan products does Salmon offer?

Salmon currently has three (3) loan products.

1. Salmon Financing
Salmon Financing allows you to buy a product, bring it home on the same day, and pay for it later with installments across several months up to a year.

This flexible payment solution is available at all of our Salmon partner stores in popular malls and locations in the Philippines, making it an accessible option for a wide range of purchases.

What are the terms of Salmon Financing?
These are determined for each customer based on their profile and credit history.
  • Minimum loan amount is ₱1,000.
  • Maximum loan amount is up to ₱30,000.
  • The required down payment ranges from 10% to 70% of the total purchase value.
  • The loan term can be 4, 6, 9, or 12 months.
  • Interest rates and fees are calculated for each customer

How to apply for Salmon Financing
Visit any Salmon partner store located at popular malls and locations in the Philippines and talk to a Salmon ambassador to start your application.

Before visiting, make sure that you’re eligible to apply (Who can apply for a loan?).

If you need help with locating a nearby Salmon partner store, feel free to chat with Salmon Customer Care via Messenger for guidance and directions.

2. Salmon Credit
Salmon Credit is a revolving credit line that allows you to borrow money as needed up to a set credit limit. You can borrow as many times as you need, as long as you pay at least the minimum amount due every month. You'll also only pay interest on the money you use.

Salmon Credit customers have the flexibility to transfer their available credit limit to any bank account that supports Instapay or to an e-wallet like GCash. Additionally, they can make payments at over 600,000 QR Ph-enabled merchant locations nationwide.

Your credit limit, interest rate, and associated fees are determined based on your profile and credit history.

How to get Salmon Credit?
Salmon Credit is offered to customers that have used or are currently using Salmon Financing and have maintained a record of no payment delays. If such an offer becomes available to you, you’ll receive a push notification, SMS, or a special banner in the Salmon app.

However, if you are a new Salmon client, you have the unique opportunity to apply for Salmon Credit directly in the Salmon app. Eligibility is determined independently by our system.

3. Salmon Cash Loan
Salmon Cash Loan is a versatile personal loan that offers you the freedom to spend on any personal need or desire, without restrictions on how you use it. You can transfer this money to any bank supporting Instapay, or to e-wallets such as GCash.

The terms of your loan, including your credit limit, interest rates, and fees, are calculated based on your personal profile and credit history. The loan duration can be either 4, 6, 9, or 12 months.

How to get a Cash Loan?
At this time, Salmon Cash Loan is exclusively available to targeted customers that are selected independently by our system.

If such an offer becomes available to you, you will receive an email or a notification via SMS.

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