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
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 funding round
Investors subscribe for shares in your next funding round in exchange for cash now.
Decide your valuation later
SeedNOTEs convert into shares later, giving you time to grow your future valuation.
Internationally accepted
Convertible loan notes offer additional features including interest and return of capital.
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 freeUnlimited 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.
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Unlimited help included - no extra cost
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