Startups made easy. Sorted.

Convertible Loan Note

Get startup funding, fast

Take investment cash now and pay it back or convert it into shares later with SeedNOTE.

✅ Make the deal more appealing to investors
✅ Raise without doing a funding round

Raise / Before / HeroCreated with Sketch.SeedFASTView and Sign AgreementMary JensenSign Agreement£20,000
  • 60,000+

    companies use SeedLegals

  • £2B+

    raised on SeedLegals

  • UK #1

    closer of funding rounds

  • <5 min

    to create agreements

Introducing SeedNOTE, our Convertible Loan Note

Convertible loan notes are short-term debt instruments, not equity instruments. They are treated as debt in accounting and are not S/EIS eligible.

  • Raise Before A Formal Round

    Raise before a funding round

    Investors subscribe for shares in your next funding round in exchange for cash now.
  • Decide Your Valuation Later

    Decide your valuation later

    SeedNOTEs convert into shares later, giving you time to grow your future valuation.
  • Seis Eis Compatible

    Internationally accepted

    Convertible loan notes offer additional features including interest and return of capital.
  • Shape
    Convertible Loan Note (SeedNOTE)

    Perfect for more complex deal terms

    If your investor is looking for a return of capital, interest or more complex deal terms, our convertible loan note might be the right way to go.

    Start free
    Raise / Before / Convertible NoteCreated with Sketch.Convertible Note Long stop:10%24 months5% interestInvestorFounderReturn of capital
    Shape
    Unlimited help with your convertible note

    Chat online anytime with our experts

    Unsure how a convertible loan note works? Stuck on which deal terms to choose? We can help you every step of the way.

    • tickTalk to us via live chat, phone, email or video call
    • tickUnlimited help included - no extra cost
    • tickAsk us anything - we're here 9am to 6pm Monday to Friday

    How it works

    • Register or log in

      Register and create your agreement. You can create as many investments as you like per SeedNOTE.

    • Set your deal terms

      There's built-in guidance to help you select the terms. For example, it's common to give investors a discount of 10% to 20% on the share price at the next round.

    • Ask us if you need help

      Unlimited help is included. Click the chat button to message our experts.

    • Share and sign online

      Send the document via SeedLegals, get notified when it's signed.

    • Done!

      When your investor signs, they send the money directly to you. Congratulations!

    blue dots

    Start your journey with us

    • Beulah
    • Brolly
    • Oddbox Transparent
    • Index Ventures
    • Seedcamp
    • Qured