A convertible loan agreement, for raising money that turns into shares.
Answer plain-English questions about the amount, the valuation cap, any discount, interest and maturity — and FD AI puts together a convertible loan agreement from our lawyers' master: a company borrowing from one investor, with the loan converting into ordinary shares at the next qualifying round, a sale or listing, or at maturity.
Tell us whether you are the company or the investor, and the usual answers lean to your side. Choose Singapore, England and Wales, Hong Kong, Delaware, New York or another law. It is in Beta and takes about 7 minutes; anything you skip takes the usual answer.
This tool helps you prepare a draft convertible loan agreement. It is not legal advice. We recommend having a lawyer check it before it is signed.
Pro Tip: The agreement stays fair to both sides, but where the usual position differs — a discount on conversion, how quickly a missed payment is a default, whether the investor's documents must match the next round — the usual answer leans to your side. You can change any of them.
A draft convertible loan agreement (Beta), following the Founders Doc master — to be checked by a qualified lawyer before use. Terms
The deal
Interest and maturity
Conversion
Investor and disputes