Raise ahead of a funding round
Our SeedFAST advanced subscription agreement and SeedNOTE convertible loan note let you take a one-off investment before a funding round. They allow you to raise without having to value your company.

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Introducing SeedFAST and SeedNOTE
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Allow pre-paid shares

SeedFASTs and SeedNOTEs convert into shares later, giving you time to grow your future valuation

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Decide your valuation later

SeedFASTs and SeedNOTEs convert into shares later, giving you time to grow your future valuation

Use internationally

SeedFASTs and SeedNOTEs convert into shares later, giving you time to grow your future valuation

Here's how it works!
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Enter your deal terms

Usually, founders give investors a 10%-20% discount on the share price at the next round.

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Enter your deal terms

Usually, founders give investors a 10%-20% discount on the share price at the next round.

Enter your deal terms

Usually, founders give investors a 10%-20% discount on the share price at the next round.

Enter your deal terms

Usually, founders give investors a 10%-20% discount on the share price at the next round.

SeedFAST, perfect for SEIS/EIS investments

SeedFAST is ideal before your first funding round or as a bridge to a later funding round. It’s easy to set up and a popular alternative to a convertible note.

Founders
Founders
SeedNOTE, great for more complex deal terms

If your investor is looking for a return of capital, interest or more complex deal terms, our SeedNOTE convertible loan note is the way to go.

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You’re in safe hands
Our team of legal and funding experts have helped thousands of entrepreneurs raise money and grow their businesses.

Beautifully organised

Your company's core agreements, all in one place

Beautifully organised

Your company's core agreements, all in one place

Beautifully organised

Your company's core agreements, all in one place

Beautifully organised

Your company's core agreements, all in one place

Beautifully organised

Your company's core agreements, all in one place

Beautifully organised

Your company's core agreements, all in one place

Frequently asked questions
Still have questions?

SeedFAST is a type of Advance Subscription Agreement (ASA). These are individual, simple, quick agreements for future equity in the company where investors pre-pay for shares that will then be allocated to them in the next funding round.

A SeedNOTE is a type of convertible loan note. Convertible loan notes (or just convertible notes) give investors debt in your company. This will then be converted into shares at the next funding round. Being in debt gives an investor more protection if things go wrong, and SeedNOTEs usually have an interest rate which your company pays to the investor.

SeedFASTs and SeedNOTEs should be used as a bridge to a later funding round, that will usually take place within a year. These agreements are perfect for when you want to quickly take in a small investment and you don’t want to commit to a valuation and doing a full funding round.

Use a SeedFAST for a simple investment. SeedFASTs are SEIS/EIS compatible.

A SeedNOTE should be used when your investor requires more complex deal terms such as a return of capital.

The SeedFAST/ NOTE Agreement will convert to equity at the next funding round, when you raise above a preset qualifying amount, or at the long stop date, the date at which it will automatically convert if you don’t raise any more funds.

The SeedFAST/ NOTE Agreement will convert to equity at the next funding round, when you raise above a preset qualifying amount, or at the long stop date, the date at which it will automatically convert if you don’t raise any more funds.
Yes. SeedFASTs are similar to convertible notes but they aren’t classified as debt and this makes them SEIS and EIS compliant. As long as you convert the SeedFAST to equity within six months of your investor sending you the funds.

Investors can claim their SEIS/EIS tax relief in the tax year in which the shares were issued. This means that the investors won’t be able to claim their relief until the SeedFAST Agreement converts to equity.

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