Convertible Loan Note Drafting
Information only
Guide only — nothing on this page is for sale. Convertible Loan Note Drafting: how it works in Ireland, when you need a solicitor and how to find one through the Law Society of Ireland’s Find a Solicitor directory.
OnlineLegalServices.ie is operated by Plus Promotions Limited, which is not a solicitor’s practice and does not give legal advice. Documents sold here are self-complete templates and the guides are general information only. If your matter needs a solicitor, use the Law Society of Ireland’s Find a Solicitor directory.
Information only — not sold online
Read the guide below, then instruct a regulated Irish solicitor. Our self-complete templates can help you prepare before you do.
Find a solicitor (Law Society directory)Guide only — this matter needs a solicitor. Under Irish law this work must be carried out by a solicitor, so it is not sold on this site. The information below explains what is involved so you can brief a solicitor with confidence.
OnlineLegalServices.ie is operated by Plus Promotions Limited, which is not a solicitor’s practice and does not give legal advice. To instruct a regulated practice, use the Law Society of Ireland’s Find a Solicitor directory.
A convertible loan note in Ireland is an investment where an investor lends money to a company that later converts into shares, usually at the next funding round. This Convertible Loan Note Drafting service provides professionally drafted, Ireland-specific documents, aligned to the Companies Act 2014 and EU commercial law and tailored to your commercial situation. It is suitable for start-ups, founders and investors, without open-ended hourly billing. This service is not a substitute for full legal representation in contested commercial litigation; for complex M&A or high-value disputes, contact us for a tailored quote.
What’s included
- Document(s) drafted under Irish law and Companies Registration Office (CRO) practice
- One round of review and tailoring against your specific commercial situation
- Plain-English guidance notes for your board or management team
- Delivered by email once your details are received
- Self-complete template with guidance notes — you fill it in yourself
- Documents tailored to Irish law and your circumstances, delivered by email
- A written summary of the key points and anything you need to do afterwards
Who this is for
- Start-ups raising bridge or early funding
- Founders who want to defer valuation
- Investors lending to a start-up
- Companies between funding rounds
How it works
- Find a solicitor through the Law Society of Ireland’s Find a Solicitor directory and send them the basic details and any existing documents or correspondence.
- Complete a short questionnaire about your circumstances.
- A solicitor would then prepare your document(s) or report from the details you return, with one round of review and tailoring against your commercial situation.
- Your document(s) or report and plain-English guidance notes are delivered by email.
Frequently asked questions
How much does a convertible loan note cost in Ireland?
This page is a free guide — nothing on it is for sale. Solicitors set their own fees for this work and must give you a written costs estimate (a section 150 letter) before starting. Get quotes through the Law Society of Ireland’s Find a Solicitor directory.
How does a convertible loan note work?
The investor lends money that converts into shares on a trigger, such as a funding round, often at a discount or subject to a valuation cap.
What happens if there is no funding round?
The note should say what happens at maturity, such as repayment or conversion. Clear terms avoid later disputes.
For more on business contracts and running a company in Ireland, see our Business Legal Advice hub.
If you would like to be told when solicitor services are available again on this site, you can join our no-fee waiting list. To instruct a solicitor now, use the Law Society of Ireland’s Find a Solicitor directory.
