Pepper Australia says it has acquired an A$150 million equipment finance and car loan portfolio from Suncorp. Pepper said, in a media release, that the acquisition of the portfolio of broker-originated loans "will enable us to accelerate our plans to originate car loans and equipment leases under the Pepper brand." Pepper said it was aiming to "drive future lending growth into complementary asset classes."  If the corresponding business of Bank of Queensland is any guide, these loans will have an average loan size of in excess of $30,000 and an average life (from origination) of more than four years.