Fundraising
Convertible Promissory Note
Seed financing with conversion terms.
$2,499Five business days · One revision included
What it is
A convertible note for seed financing with interest, maturity, conversion discount, and valuation cap terms.
What it covers
- Principal, interest, and maturity
- Conversion discount and cap
- Qualified financing triggers
- Default and repayment
When you need it
When investors prefer a debt instrument that converts in a later priced round.