What does the Steward loan process involve?
Updated
by Steward Team
The Steward Borrower Process

- Apply
Complete the online loan application, telling us more about your business and financial needs. - Approval
Work with the Steward team to confirm loan terms and plan for your raise campaign on Steward’s lending platform. - Private Raise
Start by sending emails and making phone calls to invite qualified “anchor lenders” in your network to participate early in your campaign to build momentum. - Public Raise
Once a campaign reaches a certain percentage funded (typically 20-25%), the raise is featured on Steward’s public website. Here we co-market the campaign with outreach to prospective lenders in your community, as well as Steward's national lender network. - Receive Capital
After a successful raise, Steward will finalize its loan to your farm business by disbursing funds through our secure lending platform. - Grow
Expand your business and share your success! Begin repaying your loan to Steward starting 90 days* after the loan funds are received. At that point, Steward will automatically begin repayments to participating lenders in this project.
*Loan terms can be revised to meet specific needs
These steps reflect the typical process for Steward's Participated Loans. In instances when an applicant is in need of a short term bridge loan, to meet a property purchase deadline or an immediate in-season need, this process may look different. Be sure to notify your Steward Account Manager about any time-sensitive capital requests.