Convertible loans (also known as CLA or SAFE) are a fast and relatively uncomplicated form of financing for startups. This is because the valuation of the company, which is often difficult to determine, is deferred to a later date. Accordingly, a convertible loan is particularly suitable for startups that are still in the early stage or that urgently need money (so-called bridge financing).
Our team of legal experts will guide you through the convertible loan financing process from the very beginning. We will work with you to determine the right cornerstones for implementing your growth strategy and show you how the structure of a convertible loan will impact the future of your company. We will discuss with you which contract parameters are the current market standard and provide you with arguments for the contract negotiations with the investor.
If needed, we can deliver your customized convertible loan agreement within a few business days.
Flat fee EUR 950 (excl. VAT)
Kick-off meeting to define key parameters in line with your company’s strategic direction
Preparation of your customized convertible loan agreement and cap table for scenario analysis
Legal expert session where we explain the contract in detail and answer any questions you may have
Delivery of the final contract with the adjustments discussed in the expert meeting
Setting-up of e-signature and collection of signatures
Negotiations with investors
Binding information from the tax office
Additional changes after contract finalization
(In the initial meeting and in the session with our experts we will answer all your questions and customize the contract according to your needs. For additional changes after the final contract is sent to you, you can book additional hours)
Like the convertible loan itself, the cooperation with LEXR was very straightforward. Above all, the digital mindset during our time working together which ensured that we could quickly and easily get in touch with the LEXR team, suits us. In addition, you can sense that LEXR has a huge amount of know-how regarding start-ups.
Patrik Elsa, Founder & CEO of beUnity
We’re a growing team of 30+ legal professionals. Some of our experts include:
Nadine advises founders and startups in all stages of a company’s development, focusing on corporate law issues. Nadine has extensive experience in advising on VC transactions, shareholder agreements and employee stock option plans (VSOP/ESOP) as well as corporate governance issues.
Nadine Saalbach, Head of Startup Financing & Venture Capital
Michele is focused on corporate and commercial law and has a strong background in M&A transactions. At LEXR he advises Swiss and international founders, start-ups, and investors – from incorporation to the first investment rounds, risk financing, complex business transactions, and exits.
Michele Vitali, Head of Startup Financing & Venture Capital, Legal Expert
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