Lender FAQ
How much can I lend to a project?
Individual farm loans can be lent to for as little as $100 Some private raises will allow smaller investments to enable as much of the farmer's friends, family and community to participate as possibl…
How is tax handled for my loan participation?
Individual Farm Loans. Your loan participation is taxed as interest and reported on Form 1099-INT at year-end. Steward will provide a Form 1099-INT by January 31st of each year. You will need to repo…
Payment Profile Creation - Errors and Solutions
While the majority of users will be able to create their Steward accounts without a hitch, under some circumstances our payment facilitator may add additional steps to the account creation process. I…
Why did my transaction fail?
Sometimes transactions to or from a bank or credit union can fail. Here are a few reasons why this might happen: Insufficient funds. There are insufficient funds in the sending bank or credit union a…
What is Dwolla?
Dwolla is a powerful payments platform that securely connects to bank or credit union accounts to enable the transfer of money for any individual or organization in the U.S. Dwolla's Terms of Service…
What lender opportunities are available with Steward?
Loan participation in an individual farm. This will allow you to lend towards a farm loan at a pre-determined interest rate and loan term. Repayments for these loans typically begin 90 days after the…
What transaction methods are available when participating in a loan?
There are two transaction methods available when lending on the Steward platform: ACH (Direct Debit). ACH, or Automatic Clearing House, payment is an electronic payment method that is initiated direc…
What are the fees for lenders?
At Steward, we do not charge fees to our lenders. We understand that our lenders are providing invaluable resources (i.e., capital) to the farmers who need it most, and in return, farmers are providi…
Why is personal information required in order to handle payments on Steward?
Ensuring the security of investments on our platform is a major priorty here at Steward. In order to maintain these strict safety standards, our payment facilitator must verify the identity of everyo…
Why is my transaction still pending?
A bank or credit union transaction usually takes 3–4 business days to complete via the Automated Clearing House network (ACH) used by banks to transfer funds. Please note that transfers take longer t…
