Stewards enters USD 1.5 million bridge loan note with Accretiv Investment Holdings
SWRD•Stewards enters secured bridge promissory note
Stewards entered a secured bridge Promissory Note with Accretiv Investment Holdings for USD 1.5 million, though funding had not occurred.
- Principal due Sept. 21, 2026, with a firm outside date not subject to extension.
- Fixed return of USD 75,000 due by Nov. 30, 2026, earned on funding and not prorated.
- Loan secured by a junior lien on substantially all personal property, subordinated to existing senior liens backing up to USD 5 million notes.
- Payment default triggers acceleration, USD 200,000 liquidated damages, and 18% default interest, subject to senior-lien rights.
