Steward: Platform Profile

Overview

Steward is a lending platform focused on regenerative agriculture and related food-system businesses.

Investors can fund:

• individual farm and food-business loans when offered;
• Steward Regenerative Capital, an evergreen lending structure that supports a diversified book of underlying Steward-originated loans.

The legal structure matters.

Steward's current terms describe these transactions as commercial loans and loan participations.

Steward states that the offerings covered by its lending model are not securities.

This is therefore not a Regulation Crowdfunding equity marketplace and not a conventional bond brokerage.

May fit better for

• investors seeking agriculture and food-system credit exposure;
• investors comfortable with private commercial lending;
• users who can evaluate borrower and collateral risk;
• investors who value monthly interest on the current Steward Regenerative Capital structure;
• investors who can hold through the contractual period;
• investors who understand that collateral reduces but does not eliminate credit risk.

May fit less well for

• investors requiring FDIC or SIPC protection;
• investors who want daily liquidity;
• investors who assume a secured loan cannot default;
• investors seeking publicly traded bonds;
• investors who want regulator-reviewed securities offering documents for every loan;
• users who cannot tolerate agricultural operating risk.

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Steward's legal roles

For individual projects, Steward Lending originates the commercial loan.

Participating lenders acquire participation exposure under the applicable agreement.

The investor does not become an equity owner of the farm merely by funding a loan.

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Current Steward Regenerative Capital terms

The live 2026 project page controls over older help-center rate references.

Current terms:

• Steward Regenerative Capital:
• Annual rate: 7.5%
• Term: 9 months
• Minimum: $100
• Payment: monthly interest
• Rollover premium: +0.50%

Older Steward help pages can still show 5% or 5.75% references.

Use:

• Current SRC rate: 7.5%
• Older 5 percent reference current: No
• Older 5 75 percent reference current: No

The live project page is the current-status source.

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What secures Steward Regenerative Capital

Current materials describe Steward Regenerative Capital as secured by Steward's suite of short-term loans.

The lender's economic exposure therefore depends on:

• the underlying loan portfolio;
• borrower repayment;
• collateral realization;
• Steward servicing;
• timing of recoveries;
• concentration;
• agricultural conditions.

A security interest can improve recovery prospects.

It does not turn a private loan into a risk-free deposit.

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Individual project participations differ from the evergreen product

Steward also funds individual borrowers.

Examples can include:

• farms;
• ranches;
• food processors;
• agricultural infrastructure;
• sustainable food businesses.

Each individual loan can have its own:

• rate;
• term;
• collateral;
• guarantee;
• amortization;
• use of proceeds;
• borrower risk.

The 7.5% reference belongs to the current evergreen campaign.

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Investor eligibility is not simply “open to everyone”

Steward's participation materials require lenders to make suitability-style representations regarding their ability to understand the transaction and bear risk.

The supplied current materials characterize the relevant instruments as commercial loans/participations rather than securities offerings.

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Minimum investment

For the current Steward Regenerative Capital campaign:

• Minimum: $100

Individual campaigns can use different minimums.

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Fees and Steward's spread

Current public project materials say participating lenders do not pay a separate platform fee.

Steward explains that its economics can come from the spread between:

• the gross rate paid by the underlying borrower;
• the net rate paid to the participating lender.

A spread is still economic compensation even if no fee is deducted from the investor's displayed rate.

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Monthly cash flow

The current Regenerative Capital product references monthly interest payments.

Individual loans may differ.

Some project loans can amortize principal and interest differently.

The governing loan documents control.

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Liquidity

Private loan participations should not be described as liquid securities.

For individual projects, Steward's terms state that lenders should be prepared to hold through maturity.

For current Steward Regenerative Capital, the help materials provide an early-withdrawal process after the initial period with approximately three months' notice.

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Agriculture-specific risk

Agricultural credit has risk factors that public fixed-income investors may not routinely encounter.

Potential pressures include:

• weather;
• drought;
• disease;
• commodity prices;
• crop yield;
• livestock conditions;
• input costs;
• labor;
• water;
• insurance;
• borrower execution;
• property and equipment values;
• regulatory change.

A regenerative strategy does not remove normal commercial-credit underwriting risk.

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Not FDIC or SIPC protected

Steward Lending's lending status does not make the investor's participation a federally insured deposit.

Assessment

Steward is structurally different from most investment crowdfunding platforms.

The platform is built around commercial lending rather than selling equity or private fund securities.

That gives investors a more familiar cash-flow concept—principal, interest, term and collateral—but private agricultural credit still requires real underwriting judgment.

The current Steward Regenerative Capital product is the simplest entry point because it spreads exposure across Steward's short-term loan book and currently shows a $100 minimum, 7.5% annual rate and nine-month term.

The critical tradeoff is liquidity.

An investor should not interpret monthly interest as monthly exit rights. Individual project participations are designed to be held to maturity, and the evergreen product's early-withdrawal process uses notice rather than instant redemption.

The other important 2026 issue is stale pricing content. Older help pages still contain 5% and 5.75% references. ROIStreet should use the live 7.5% project page and keep the old figures blocked from current structured fields.