Free Convertible Note Term Sheet Generator
For an early-stage investment in convertible debt. Covers interest, maturity, valuation cap, discount, and what happens on a sale. Fill in the terms on the left. Your term sheet updates on the right. Download it as a Word file when you're done.
Before you use this: This is a securities transaction. Offers are generally limited to accredited investors under a private placement exemption, and state filings may apply. Have securities counsel review before sending.
What this template covers
- Issuer
- Investor
- Securities
- Interest
- Maturity
- Automatic conversion
- Maturity conversion
- Change of control
- Most favored nation
- Pro rata right
Paragraphs marked binding, such as confidentiality and exclusivity, are meant to be enforceable. Everything else is non-binding. The example terms are only examples. Replace them with your deal. Use the × next to any term to remove it, or add your own terms at the bottom of the form.