Australia's largest non-bank lender Pepper Money partners with the NBL's Hawks Basketball Club.
Pepper Money, ranked as Australia’s largest non-bank lender, has partnered with the Hawks Basketball Club for the National Basketball League (NBL) season.
The non-bank lender has agreed to become the Wollongong-based team’s principal sponsor for this year’s competition.
Pepper Money was drawn to the NBL club because the team’s “ambitions both within the league and the community” were aligned with the company’s corporate mission, which is “to help people succeed.”
Mario Rehayem, Australia and New Zealand chief executive officer at Pepper Money, said he wanted to join The Hawks’ family to help them rebuild their franchise, reclaim success in the league, and serve the community in the Illawarra region.
“This also ensures our brand is seen by a wider audience of sporting fans in Illawarra and across Australia.”
Dorry Kordahi, president and co-owner of The Hawks, welcomed the partnership.
The terms of the sponsorship were not disclosed.
Last year Pepper Money re-signed with the AFL Saints, recommitting as co-principal partner of the club for 2021.
St Kilda CEO Matt Finnis noted they had been part of their sponsorship supporters since 2015.
This time last year Pepper Australia’s $1 billion ASX-listing plan was mooted, with the group said to be targeting 2020 profits of about $83 million.
It has recently been reported by The Australian that Macquarie Capital was believed to be lined up for a role working on a potential float of the lender in 2021.
