Document Name: Convertible Loan (Conversion) Agreement
As a business owner, you need legal documents you can trust.
Our Convertible Loan Agreement Template (also known as a Convertible Loan Note) provides the legal detail and clarity you need in a simple format with expert legal guidance.
How does a convertible loan agreement work?
A convertible loan is a short-term debt that converts into equity. A convertible loan note allows an investor to convert a loan it has made to the company into equity.
This allows the original investment to get done more quickly, but ultimately gives the investors the economic exposure of an equity investment.
Convertible loans can be very flexible and they are usually straightforward to put in place quickly. and that means that they are often used for bridging finance prior to a funding round.
LawBite Convertible Loan (Conversion) Agreement Template
The LawBite Convertible Loan (Conversion) Agreement Template helps ensure that you comply with the necessary regulation and achieve best business practice for a written legal document.
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LawBite allows you to add useful features such as e-sign / electronic signatures to your Convertible Loan (Conversion) Agreement. If you require further guidance, we also offer a document review service, where one of our expert lawyers can review your agreement for an affordable price.
How LawBite Can Help
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