Steward_(company)

Steward (company)

Steward (company)

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Steward is an online crowd-sourced lending platform for regenerative agriculture and regional food systems.

Company overview

Steward was founded by Dan Miller, who co-founded the online real estate crowdfunding platform, Fundrise, and formerly served as its president and director.[1]

Through Steward, users lend to regenerative farms, fisheries, ranches, and food producers across the United States.[2] Steward has raised $8.8million in 2021 in a Series A funding.[3]

Loan participants help fund secured private commercial loans to regenerative farmers who need capital for land acquisition, equipment, or infrastructure.[4][5] The loans typically have an interest rate from 5% to 9% and usually range from 48 to 72 months.[6]

References

  1. [1]
    Putzier, Konrad. "Crowdfunding Firms Blow Up the Model to Survive in Real Estate". WSJ. Retrieved 19 April 2024.
  2. [2]
    "This Company Has Raised Over $4 Million For Small Farms—Here's How". EatingWell. Retrieved 19 April 2024.
  3. [3]
    "Portland regenerative farming lender raises $8.8M from investors". www.bizjournals.com. Retrieved 27 April 2024.
  4. [4]
    Manning, Lauren (2020-01-21). "Steward is helping small diversified farms access financing one crowdfunded dollar at a time". AgFunderNews. Retrieved 27 April 2024.
  5. [5]
    "Small farms are struggling—now there's a crowdfunding platform for that". fastcompany.com.
  6. [6]
    "Fund a Farmer, Protect the Planet, Make Money". Lancaster Farming. 2023-07-20.
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