TECHTALKS
Salmon, EMCOR widen financing access in VisMin
Salmon Finance has expanded its partnership with retailer EMCOR, adding more than 100 stores across the Visayas and Mindanao to its financing network.
The expansion brings Salmon Finance's nationwide network to more than 10,000 partner stores and gives EMCOR customers access to financing for appliances, furniture, gadgets and motorcycles.
Customers at participating EMCOR stores may apply for Salmon Product Loans, which offer payment terms of up to six months, zero percent interest and zero down payment, subject to applicable terms and conditions.
Motorcycle buyers may also apply for Salmon Moto Loans through participating EMCOR stores or the Salmon app. The company said the application process is fully digital.
Salmon Ambassadors stationed at participating stores can assist customers applying for Product Loans or Moto Loans, with approvals available in as fast as one minute. Repayments may also be made online.
“EMCOR has built a strong reputation for serving communities across Visayas and Mindanao, and we are proud to partner with them as we continue expanding access to financial services nationwide,” said Vasiliy Kuznetzov, president of Salmon Finance Inc. “By making financing more accessible and convenient, we hope to help more Filipinos purchase the products they need for their homes, businesses, and everyday lives.”
EMCOR president and COO Nelson M. Aparejo said the partnership would give customers additional payment options.
“At EMCOR, we continuously look for ways to improve the shopping experience of our customers and reach more communities across the country,” Aparejo said.
“Through our partnership with Salmon Finance, we are able to offer fast and reliable financing solutions that make essential products and motorcycles more accessible to Filipino families.”
Salmon Finance is an SEC-licensed financing company and the lending arm of Salmon Group.