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