Convertible Note Term Sheet
A Convertible Note Term Sheet establishes the general terms of an investor joining your business on a convertible loan basis.
Last updated January 14, 2025
Suitable for Australia
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What is a convertible note term sheet?
What is a convertible note term sheet?
When should you use a convertible note term sheet?
When should you use a convertible note term sheet?
What should be in a convertible note term sheet?
What should be in a convertible note term sheet?
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Frequently asked questions
What is a convertible note term sheet?
keyboard_arrow_upWhen should you use a convertible note term sheet?
keyboard_arrow_upWhat should be in a convertible note term sheet?
keyboard_arrow_upWhat protections does this term sheet offer to founders and investors?
keyboard_arrow_upIs this term sheet legally binding?
keyboard_arrow_upHow does this differ from a SAFE note?
keyboard_arrow_upWhat are the main risks involved?
keyboard_arrow_upWho should sign the term sheet?
keyboard_arrow_upWhat happens after signing the term sheet?
keyboard_arrow_upCan this term sheet be used in all Australian states and territories?
keyboard_arrow_upView Sample Convertible Note Term Sheet
The Legal Risk Score of a Convertible Note Term Sheet Template is Medium
Our legal team have marked this document as medium risk considering:
- It is one component of a complex transaction.
- The document provides for exclusive negotiation during a period of time.
- It is not legally binding.
Articles about Convertible Note Term Sheet
What is a Convertible Note?
A convertible note can be a way for businesses to raise the money they need without enduring the delays of alternative routes. This article explains why.
Term Sheet vs Memorandum of Understanding
Looking to understand the difference between a term sheet and a memorandum of understanding?Read this article to find out what they are and when to use them.
Convertible Notes: Advantages and Disadvantages
Convertible notes are a common way early stage startups can raise funding. Read about the advantages and disadvantages of using them here.
SAFE or Convertible Note? What You Need to Know
SAFE and convertible notes offer great opportunities for new businesses to raise capital from investors early on. Here's our guide to how they work.
What is a Term Sheet? (2025 Update)
What is a Term Sheet and how can it help your business? Although not legally binding, term sheets have many benefits. Find out here.
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Term Sheet Investor Checklist
Learn the necessary terms that you need to check off in your term sheet and how it can beneficially protect both companies and investors from unwanted legal consequences both during and after the period of investment.
Introducing SAFE Notes: Startup Funding Explained
Learn about how the new, simplified method of funding your startup business!
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Read about the legal proceedings involved in celebrity divorces. Read now.
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