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

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

Investors subscribe for shares in your next funding round in exchange for cash now.

SeedNOTEs convert into shares later, giving you time to grow your future valuation.

Convertible loan notes offer additional features including interest and return of capital.

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.

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

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!