Raising Startup Capital Through Convertible Debt Financing
Most startup founders do not have enough capital to launch their companies and need to raise money at some point. The first milestone in a new startup’s financing is called ‘Seed Capital’ which refers to the initial investment raised by the founders from their friends and family, or commonly referred to as FFF (Friends, Family […]
Convertible Note Transaction Documents
Many business owners who are unfamiliar with the convertible note process are unaware that of the legal documents needed in convertible debt financing. In addition to the convertible note itself, a startup will need two additional documents: a convertible note purchase agreement and written consent of the startup’s board of directors authorizing the convertible debt […]
