Pepper Money Cashback

Ready for Spring growth?

Until 30 November 2021, your clients could get up to $5k cashback when they refinance their commercial loan from another lender to Pepper Money*.

Talk to your Pepper Money BDM to find out how you can help your small business clients succeed.

Submit a scenario

Important information

Information is correct as at 13 September 2021 and subject to change at any time.

All applications are subject to credit assessment and eligibility criteria, terms, conditions,feesand charges apply. Offers may be continued,withdrawnor changed at any time without notice.

*The Pepper Money Commercial loan cashback promotion (Cashback Promotion) is:

  • $3000 for loans between $500,000 and $750,000 and
  • $5,000 for loans more than $750,000

To be eligible for the Cashback Promotion, applicants must be refinancing an existing non-Pepper Money Commercial loan with a loan amount of at least $500,000. The Cashback Promotion is available on new Pepper Prime and Near Prime commercial loan applications submitted and approved by Pepper Money between 12:01 am AEST on 6 September 2021 and 11:59 pm AEDT on 30 November 2021. Applications must settle on or before the close of business on 28 February 2022. The Cashback Promotion is not available to existing Pepper Money loans or where the loan purpose does not include a refinance. Where there is more than one borrower, the Cashback Promotion is payable only to the primary borrower. The Cashback Promotion may be varied or withdrawn at any time.

Lowest Fixed-Rate Offers

Please see attached Westpacs latest offering regarding their Lowest Fixed Rate Offer to the market. Some of the features of the offer are:

  • Borrow up to $3m.
  • Fixed interest rate business loans from 2.39% p.a.
  • 2 or 3-year terms.
  • New and existing customers, subject to eligibility.
  • Loans can be used for a wide range of business purposes.

For more information, please reach out to your BDM.

Bank of Melbourne

Bank of SA

St. George


Lumi Kickstarter

As you might know, Lumi introduced their Line of Credit product in 2020 to offer more flexible finance solutions for small businesses during these increasingly uncertain times.

What's the Lumi Line of Credit?

  • Australia's first truly revolving line of credit product
  • SMEs can get up to $300K and $150K unsecured
  • The facility can be renewed after 12 months

Here's what's new:

  • A reduced minimum weekly obligation to 0.5% - 1.0% of the facility limit (previously 1.5% of the facility limit)
  • Adjusted affordability matrix

To read more about our Line of Credit product, check out their new product guide here. In case you' d like to also read about Lumi' s Term Loan, have a look at the guide here.

Lumi Kickstarter

To help Aussie businesses tackle the challenges that have been thrown their way over the past couple of months, Lumi has launched Lumi Kickstarter, a dedicated small business loan to help COVID impacted businesses get back on track after lockdown.

What's special about Lumi Kickstarter?

  • Credit assessment based on pre-lockdown turnover and recalculated in reflection of the decline in revenue
  • Repayment holiday until the week commencing 15 Nov 2021, so they can focus entirely on their business
  • Option to refinance to standard Lumi term loan after 4 consecutive repayments until 31 December 2021

This means that a business owner who has generated $0 during the months of July 2021 - September 2021 could still get funding with Lumi Kickstarter, provided that they would have qualified for a Lumi loan pre-lockdown.

Want to know all the ins and outs of Lumi Kickstarter? Check out their product guide here.

Alternatively, you can log in to your broker portal and submit an application online here or contact your BDM for any queries.

Latest from Oak Capital

The Truth About Alternative Lending

Ever since I can remember ..."Private Lending has had a stigma around it, only spoken about in whispers by shadowy figures in poorly-lit backrooms. I must tell you; this is far from the truth (our offices have great lighting and not-too-shabby a view).

Since I started at Oak, it has been one of my missions to shift the paradigm in the industry around the perceived negativity that exists with ..."Private Lending , leading with an approach of education, training, and most of all creating an awareness on how alternative funding can truly add value to you and your SME clients.

So lets set the record straight

Were a Private Lender

That is a pretty limited term. Were a specialised non-bank and we provide alternative funding and niche lending solutions to SMEs via third party broker relationships Australia-wide. Our mission is to be the most trusted and respected mid-tier non-bank lending specialist in the country, and we approach every opportunity or conversation with transparency and integrity.

We're out to get you

I mean, thats just not good business. Were here to help brokers and their customers, especially when a lot of others wont. After all, we want them to build long-lasting trusted relationships with us and we simply wouldnt have a business if we did the wrong thing by either.

Is our part of the industry perfect? No, of course not, and yes, there has been occasions of unscrupulous practices that operate around the fringe. But they are certainly not the norm, and they exist in every industry, even with mainstream lenders as we all saw throughout the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry back in 2018.

Alternative Lending is for when you have no other options

Is that a common use? Sure. But Alternative Funding is more versatile, and often far more agile than you think. We tailor our products and solutions to suit your clients - no cookie cutter lending here, and we can settle new deals in 48 hours if we need to.

Take our new product for example, the Oak Capital Plus Account - a truly unique offering to our SME clients, our Plus Account is a pre-approved sub account linked directly to our standard loan offering. This product has been designed to be the ultimate support for SME clients during times of both opportunity and financial need, especially during these uncertain times.

Our Plus Account can be up to $50,000 and funds will be released within 48 hours of the request, and no fees apply if it remains undrawn " and most importantly it is the same rate as the initial facility!

Alternative Funding is not just for when things turn bad and there are limited options, its for when the is an opportunity to assist an SME in growing their business but they simply dont fit the ..."tick box approach adopted by the banks and mainstream funders.

A bit about Oak Capital

Oak Capital is a specialist Non-Bank Lender and Mortgage Manager that provides a diverse range of short and long term lending solutions, catering to a multitude of customer needs. Weve been around since 2006, and we pride ourselves on being transparent, secure, and operating with absolute integrity.

We run two ASIC approved AFSLs and hold two ACLs, and source our funding via our Retail Mortgage Fund, Wholesale Mortgage Fund, as well as through a diverse range of White Label lending partnerships.

We have never and will never issue a quote on a transaction we have no intention of funding, meaning that our Indicative Approvals are real, and we dont mandate or charge any upfront fees for products that we fund ourselves.

Most importantly, we are a market leader in providing bespoke solutions for lending opportunities that are considered ..."out of the box , and we lead with an approach that partners and values the Australian mortgage broker industry both now and into the future.

How do I find out more?

If you want to learn more about how Oak Capital is leading the way with bringing alternative non-bank funding into the mainstream SME lending arena, please contact your friendly Business Development Manager:

Andrea White-Farnan " VIC (Bayside including Morning Peninsula)

0420 410 940

Andrew Myles " WA

0408 678 838

Caleb Tiller " VIC (Inner East and East) & TAS

04199 019 211

Claudia Rahe " QLD/NT

0419 700 016

Ellie Shedden - NSW/ACT

0436 189 807

Lucas Chesterton - VIC (West including Geelong) & SA

0413 644 281

Santh Kamalamohan (TK) - VIC (South including outer southern regions)

0432 213 207

Toby Wilcox " VIC (North including northern regional areas)`

0437 911 342

Source: Nick Green, Head of Distribution, Oak Capital

ING Cashback Offer

Due to its popularity, ING has extended its $3,000 cashback offer for customers who refinance an eligible home loan from another lender. Minimum loan amount of $500,000 with LVR less than or equal to 80%. To be eligible, applications must be submitted by 31 December 2021 and settle by 31 March 2022. All terms and conditions can be found at

To make the cashback process easier, ING turnaround times for new home loan applications are currently within 2 - 3 business days from the application submitted to date to credit assessment decision.

Reach out to your BDM for any questions or concerns.

RESI Essentials Spring Promo!

Resi has launched a Spring Campaign, reducing IO rates

Essentials Prime Full Doc OO IO

  • Up to 80% - reduced to 2.89% (from 3.39%). Comparison Rate of 2.92%
  • >80-90% - reduced to 2.99% (from 3.49%). Comparison Rate of 3.02%

Essentials Prime Full Doc INV IO

  • Up to 80% - reduced to 2.69% (from 2.89%). Comparison Rate of 2.72%
  • >80-90% - reduced to 2.89% (from 3.09%). Comparison Rate of 2.92%

Resi Rate Card

*WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.