PPM fundamentals

Pepper Money Ltd. engages in the provision of home loan, car loan, and personal loan solutions for borrowers. It operates through the following business segments: Mortgages, Asset Finance and Loan, and Other Servicing. The Mortgages segment includes both residential mortgages in Australia and New Zealand. The Asset Finance and Loan segment comprises of the the income and expenses associated with the origination and ongoing ownership of loans secured over a range of assets, including used and new cars, caravans, motor bikes and boats, and equipment finance. The Loan and Other Servicing segment consists of s the income and expenses associated with the servicing of loan portfolios for third parties, and for Pepper Money controlled limited recourse Funding Vehicles. Its services include lending, asset finance, third party servicing, debt investor, and broker portal. The company was founded by Michael Culhane on August 30, 2000 and is headquartered in North Sydney, Australia.