A primer on convertible notes, convertible securities, and equity
JANUARY 4, 2017
Convertible notes In the 2000s, however, the cost to start a software company decreased dramatically. Raising money on a convertible note is fast — you get your money as soon as an investor signs. There are a lot of convertible note templates on the internet.) Convertible notes are basically a simple document that is effectively a loan. However, convertible notes had a special kicker unlike regular debt. Convertible securities are not loans.