We explain the key terms and how they impact your company, help determine the right set-up structure, and work with you to negotiate a fair deal – for a one-off flat-fee.
With a convertible loan, an investor lends a certain amount of money to your startup with the right to convert the loan into shares usually for a discount at the next financing round.
Convertible loans are now widely used internationally and allow for a 'continuous fundraising' model. They’re a great way to raise money quickly without having to line up all investors at once and negotiate all terms of a financing round.
What it is
How long it takes
With our help, you can set up your convertible loan within one business day.
CHF 1'500 Flat Fee (excl. VAT)
Pre-Seed or Seed
The main reasons to opt for a convertible loan are:
Who it is for
LEXR provides you with advice on how to structure the convertible loan. We’re also here to answer all your legal questions on the topic and to provide you with a time-tested best practice convertible loan agreement tailored to your company. Up to three hours of negotiation support are included in this package.
What you will get
Best-in-class standard, efficient processes, personal support
We've created a high-quality standard for legal templates to ensure best-in-class outputs for our customers. Combined with tailored personal support by our experts, we deliver legal services that make a difference.
- Christian Meisser
CEO & Legal Counsel at LEXR
For our best-in-class standard templates, we take existing documents from at least five different sources and create a derived version with modular options.
The draft standard is then reviewed by 5+ legal professionals and first tested with beta clients.
After launch, the standard is continuously improved and adjusted to changes in the law.
Personal, tailored support
To help you solve legal challenges fast, we leverage technology and optimise processes. In addition, we create supporting material in the form of guides and FAQs so that you have all the information you need, all in one place.
While we believe in the power of technology and high-quality document standards, we also understand the importance of dedicated personal contact and tailored support for your business.
Five comprehensive steps to complete your convertible loan funding
With our loan calculator, you can easily run through different funding and conversion scenarios of your company. We'll explain & help as needed.
It's essential to understand the key terms for a convertible loan. Our supporting materials will give you a full overview of what to pay attention to.
Together we'll craft and go through your convertible loan strategy, define your specific key terms and the remaining steps to complete financing.
We've included negotiation support of up to three hours in our convertible loan package to help you get the best possible deal for your loan.
With all the terms negotiated and documents created, we'll collect the required signatures, clarify remaining questions and close the project.
"With LEXR we found an ideal partner to deal with the complex legal framework our company is operating in. LEXR provides fast, flexible and price transparent services for a wide spectrum of cases. A great opportunity, especially for FinTech Start-ups!"
"We hired LEXR while looking for a full-time inhouse legal position. Their legal experts understood our data-driven business model immediately and proved critical with their know-how and fast response times in important contract negotiations."
Other clients include:
We have all your financing needs covered.
We'll also accompany you with your financing round (from seed, small and mid-size rounds to larger subsequent rounds). We advise on strategy and deal structure, provide you with best-in-class documents tailored to your needs. In addition, our experts will also be there to negotiate with the investors. Choose from our transparent flat-fee packages.
Experienced legal counsels
Pragmatic and responsive
Choose your communication channel
We're a growing team of 10+ legal professionals - our fundraising experts include:
Clear roadmap and supporting material
Transparent and fair pricing
Long term relationship
Christian has advised tech-companies and regulated industries on all legal matters and has built a strong track record on helping startups to get off the ground and get funded.
Christian Meisser, CEO & Legal Counsel
Michele Vitali, Head of startup Financing and 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.
Maximilian Krähenbühl, Legal Counsel
Max has advised many startups and gained substantial experience in the financial industry. With his business-minded approach to financial markets, corporate and AML laws, Max is an ideal partner for your fiat and crypto-related startup endeavour.
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