About Us
The purpose of the Fund is to raise and then on-lend money, on a secured first or second ranking basis, to businesses mainly in the agriculture sector.
Avenyou Finance’s director, senior management and credit committee bring together in excess of 70 years of combined experience in banking and commercial lending.
Our decisions at Avenyou Finance are led by an external Credit Committee. Avenyou Finance’s Credit Committee assesses the creditworthiness of each borrower under the Avenyou Finance Lending Policy before it supports a loan.
Avenyou Finance’s Credit Committee assesses the creditworthiness of each borrower under the Avenyou Finance Lending Policy before it supports a loan. The assessment of the borrower’s suitability for a loan facility is based on an examination / review of their financial position, trading history, performance and credit bureau information.
The Credit Committee then applies its combined knowledge, experience and qualifications to determine whether the loan opportunity should be supported.
John Duncan (Director)
B.Bus, Dip Fin Dip FP
John is the Managing Director and Founder of Avenyou Finance.
John holds sound expertise in the area of business and finance across a broad range of industry. Key areas include business/project management capabilities, financial and analytical.
John is currently Managing Director and Founder of Dunartin Capital Finance. He is the Responsible Manager listed for Australian Credit Licence Number 387531, writing loan transactions consisting of corporate property, large farming property, stock and crop liens, abalone and prawn fishing, open cut mine and land property development.
Prior to this, John was manager and Director of a large farming operation consisting of livestock, cropping and viticulture, before taking an insolvency role with a big four accounting firm. During his time at KPMG, he was involved in trading on distressed national-sized companies with significant turn over and undertook a secondment to manage a portfolio review of major bank debt and work out, followed by a short period managing commercial debt for a major bank nationally.
During this time, John developed invaluable experience in project management and funding, evaluating security position, work out of distressed loans, working with credit to return loans back to good side of bank, and identifying symptoms of distressed businesses.
Paul Averay (Advisory Committee Member)
B.Comm; GAICD
Paul is an Advisory Committee Member to the Avenyou Finance Board.
Paul currently successfully manages a career in both the financial services & hospitality industries.
With over 30 years’ banking, finance, accounting, hospitality & hotel management experience, Paul’s highly developed technical skills include credit risk management, financial and corporate governance. Paul is highly regarded for his specialist knowledge of working capital management, asset based lending, trade, international, fixed asset, property finance & hotel operations.
Prior to Paul’s current role he was a Principal at the CFO Centre where he acted as the Chief Finance Officer for a number of private businesses and as a Director of IMS Risk Management Pty Ltd with oversight of credit, risk and operational management functions. Previously he held senior portfolio and specialist relationship roles at Commonwealth Bank, GE Capital & Bendigo Adelaide Bank, including acting as Trust Manager for the Adelaide Bank’s global securitisation and treasury compliance and licensing programs.
External Credit Committee
The Credit Committee consists of experienced Credit Managers with extensive banking experience:
- Current members individually hold in excess of 40 years credit management experience.
- Experience covers Corporate, Commercial, Rural and Equipment finance with major Australian banking groups including international offshore experience.
- Past roles held by Committee Members have included Regional & Head of Credit positions across a number of major lending institutions.
Team
Relationship Manager:
With over 15 years banking experience in agricultural and commercial lending.
Loan Analyst:
With over 7 years’ experience in the finance industry. Will provide support in areas required.