Pepper Money Asset Finance celebrates a decade of success

Posted: 23-10-2024
 
Leading asset finance lender, Pepper Money is proud to celebrate its 10-year anniversary, marking a decade of growth, innovation, and success.
 

From humble beginnings in 2014 to becoming one of Australia’s largest and leading non-bank asset finance lenders, the story of Pepper Money Asset Finance has been described by industry leaders as extraordinary.

Reflecting on the past decade, Ken Spellacy, General Manager of Asset Finance at Pepper Money said, “Our achievements despite a challenging economic decade are nothing short of remarkable. From the early days, the Pepper Money ‘Can Do’ spirit was already alive, driving us to push boundaries and do things differently,” Mr Spellacy said.

pepper money asset finance 10 years

“The driving force behind our own success has been our focus on driving the success of our customers and partners alike. By listening to feedback and developing tech solutions to make doing business easy, we have set new experience standards in our industry. Our technology stack, combined with the latest API technology, ensures an optimal experience for both introducers and customers. We’re constantly looking at fresh ways to enhance service levels and delivering speed to yes.

 

Since our establishment, we have originated $16 billion of loans and helped over 400,000 people and small businesses finance their vehicles and equipment. We have also accredited thousands of brokers and dealers, built our market-leading origination platform Solana, and introduced real-time payments.

 

“Additionally, we have been at the forefront of the EV revolution, becoming a leading financier for EVs and the first financer to join the Electric Vehicle Council of Australia. Today, our Novated Leasing product, has made us one of the largest and best Novated financiers in the market,” he said.

To commemorate a Decade of Driving Success and a toast to the future, Pepper Money hosted a special celebration on Tuesday 22 October, at the iconic Sydney Opera House. The event welcomed over 100 esteemed guests, including introducers, funders, aggregators, and partners, all of whom have played a crucial role in the Pepper Money Asset finance journey.

In the keynote address, Spellacy said the cornerstone of Pepper Money’s success in asset finance had been its strategic partnerships and relationships.

“We are incredibly grateful to our partners, funders, introducers, brokers, and our team for their support and collaboration over the past ten years. Your belief in our vision has been instrumental in shaping our path and driving our success. Together, we have pushed boundaries, embraced innovation, and built a legacy we can all be proud of.

“As we look to the future, we are excited about the possibilities that lie ahead. With your continued support, we are confident that we will reach even greater heights, navigating new challenges and seizing new opportunities,” he said.

To mark the occasion, numerous industry leaders and partners praised the Pepper Money Asset Finance team for their decade of success and remarkable achievements:

  • Mark Rayson, COG Aggregation: “Well done team on 10 amazing years, we thank you for your support.”
  • Darren Rumble, Fintelligence: “Working with Pepper has been a game-changer for us at Fintelligence. From seamless digital applications to real-time tracking and analytics, Pepper leverages cutting-edge technology to provide a smooth and transparent experience for our brokers, and in turn their customers.”
  • Tom Caesar LMG: “A massive congratulations to Mario, Ken and the broader Pepper Money team. Clearly the most innovative and tech advanced lender in our space. Congratulations on 10 years and wait to be part of the next 10!”
  • James Keepkie, OzCar: “Congratulations Pepper Money! A huge achievement from a sensational can-do team.”
  • Damian Mantini, Platform: “Pepper Money has consistently delivered a product offering that is both broker and customer-centric. To the entire Pepper team, wishing you a very happy 10th birthday. And we look forward to the next 10 years.”
  • Stephen McCabe, NAB: “Pepper Money are a fantastic team to work with and it has been a pleasure being a part of the story over the past 10 years.”
  • Simon Gwynne, Viking: “Pepper Money has been a leader in asset finance for many years, consistently prioritising brokers and providing tailored solutions across nearly every asset class. It’s no surprise they are regarded as the top non-bank lender in our market.”
  • Marilyn Fowler, Westside Auto Wholesale: “Number one in customer service and listening to clients.”

In the final address, Pepper Money CEO Mario Rehayem also echoed Spellacy’s sentiments, adding: “I want to extend my heartfelt congratulations and gratitude to everyone that has been a part of our Pepper Money Asset Finance business, including our team, valued partners, brokers, introducers, funders, and shareholders, for contributing to our remarkable success story.

“We are excited for what’s next. With the momentum we’ve built, the next decade will be about continuing to innovate and providing even greater value to our partners and customers. Together, we’ll navigate new challenges, seize opportunities, and continue to grow,” Rehayem concluded.

With over $6B in Assets Under Management (AUM) and a growing presence in electric vehicle financing and novated leasing, Pepper Money Asset Finance remains committed to driving sustainable growth and delivering innovative financial solutions.

Media Enquiries

Melissa Fanous
Pepper Money
Senior Marketing Communications Manager
mfanous@pepper.com.au
0412 033 103

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