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Jessica Darnbrough
In a bid to become the non-bank lender of choice for brokers, Pepper has announced it will soon launch a new suite of products.
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Speaking to The Adviser, Pepper’s managing director and chief executive officer Patrick Tuttle said the new product suite will consist of prime mortgages and hence sit nicely alongside the lender’s current suite of specialist products.
“We are looking to launch a prime range of mortgage products within the next few months. Following that, we are also looking to introduce equipment and leasing finance,” he said.
“These new products will sit alongside our specialist products in the hope that the brokers that currently use us will be able to use us for a lot more of their business.
“We are hoping that with our good turnaround times and good systems, brokers will start to see that we are a genuine alternative to the other lenders currently on the market.”
Mr Tuttle said Pepper was determined to become the non-bank lender of choice moving forward and become a true alternative to the major lenders.
“Non-banks have been on the back foot for some time, but we are determined to change this. If and when the capital debt markets open, non-bank lenders such as ourselves will be actively compete with the bigger players, so we are looking forward to that time.”
