Model Financing Docs

AoA Entrepreneurs

Model Financing Documents

These model financing documents are prepared by the Alliance of Angels for use by its members and companies.  They incorporate and discuss the terms commonly used in financing documents for early-stage companies.  These documents can be used “as is”, as a starting point for discussion, and as a tool to better understand options and alternatives when reviewing documents that companies provide.

Alliance of Angels Preferred Term Sheet
This model term sheet by Dan Rosen, CEO Dan Rosen & Associates, is for early-stage equity investments.

Alliance of Angels Convertible Note and Term Sheet
These documents are for early-stage convertible note investments:

Additional investor education resources, including due diligence checklists, valuation guides, intellectual property etc. can be found on the Alliance of Angels Gust site (member login required).