A Family-Founded Common Sense Lender Managing $48M+ in Ontario Private Mortgages

By The Numbers

Our Lending Philosophy

In a market often filled with predatory lenders, Stonefield stands apart by using lending with a heart and using common-sense underwriting. We focus on creating a successful exit strategy for every borrower, ensuring our mortgages are a tool for growth, not a source of stress. We judge every deal on its merits and the person behind the file, not just a credit score.

Short-term private mortgages bridge the gap between where borrowers are and where they want to be. Whether that's buying time for a property sale to close, consolidating debt to reset financially, or funding a purchase that a bank won't touch on a tight timeline, our job is to find a creative solution to make the deal work.

Our Team

The people behind Stonefield Capital bring decades of combined experience across private lending, real estate, operations, and capital management.

David Steinfeld

Principal Broker, Founder

David Steinfeld is the Principal Broker at Stonefield Capital, where he works closely with investors and brokers to craft value-add short-term financing solutions for Canadians. He's driven by a genuine passion for helping clients work through complex situations. Even after 12 years of industry experience, David enjoys learning new things each day. Outside the office, David enjoys tinkering, playing hockey, fishing and keeping active at the gym.

Daniel Ilmer

Director of Operations

Daniel leads the underwriting and daily operations at Stonefield Capital. His primary focus directs the growth and operational strategy of the private mortgage portfolio exceeding $50M in assets under management. His professional foundation is built on a diverse entrepreneurial history, having previously founded and led ventures across the precious metals and food industries. Daniel balances his business focus with a passion (obsession) for golf and the culinary arts.

Mark Freedman

Director of Lending

Mark leads product and technology at Stonefield Capital, focused on the systems and processes that power a modern private lending operation. He brings 5+ years in fintech and mortgages, most recently as Head of Product at Mortgage Automator — the leading loan origination and servicing platform for North American private lenders — where he shaped tools used across residential, commercial, and construction lending. Earlier in his career, he held technology and delivery roles in Canadian banking.

Steven Steinfeld

Underwriter

Steven Steinfeld is an Underwriter at Stonefield Capital, where he applies a data driven approach to evaluating mortgage risk. He began his career underwriting unsecured private business payroll advances, with a strong focus on borrower character assessment, and later worked in private investigations conducting detailed background and legal research. He now combines comparable sales analysis with his experience in risk, character, and legal review to develop a clear and informed view of each mortgage file.

Our Story

Since 2018, Stonefield Capital has grown by staying true to a simple idea: if a deal makes common sense, it deserves to be funded. We've grown from a $2M start-up to managing over $48M in assets by prioritizing relationships over algorithms.

We are designers, project managers, and business builders by trade. We've managed complex projects, built properties and ventures from the ground up. This background gives us a perspective most lenders lack: we know what it's like to be in the trenches of a business or a real estate project. Our mission is to provide the same precision and commitment to our clients that we've used to build our own businesses — offering a lending experience that is efficient, transparent, and grounded in reality.

FSRA Licensing

Stonefield Capital is mortgage brokerage licensed under the Financial Services Regulatory Authority of Ontario (FSRA), the provincial body responsible for overseeing mortgage brokerages, administrators, and lenders operating in Ontario. Our license ensures that every transaction we fund meets the regulatory standards set out by the province, and that our borrowers, brokers, and investors are protected by the compliance framework FSRA enforces.