A non-bank lender is a lender, which is not registered as an ADI (authorised deposit-taking institution) with APRA (Australian Prudential Regulation Authority).
Although Pepper Money was previously listed on the ASX (Australian stock exchange), today it is privately owned by investment firm KKR.
Pepper operates in numerous countries outside of Australia, including South Korea, Spain, Ireland and the United Kingdom.
Although established as a home loan provider, they also offer car loans, equipment finance and unsecured personal loans.
Through their innovation, Pepper can provide home loan products to customers who had previous been knocked back by the banks.
Today Pepper is one of Australia's leading non-bank lenders, with a variety of home loan solutions for everyday Australians.
If you would like to learn more about Pepper Money or are interested in applying for a new home loan, speak with one of our Mortgage Brokers today.