The maturity date for a loan is the date on which the borrower is required to repay the principal and interest on the loan. In a startup context, maturity dates come up when startups sell convertible notes to investors. Convertible notes are technically loans, though they're meant to convert into equity at the next financing, and so they have a maturity date.
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The Ultimate Guide to Convertible Notes for Startups
Navigate startup fundraising with confidence using our comprehensive guide on convertible notes. Learn their mechanics, optimal use cases, and how they stack up against SAFEs and priced rounds. Essential reading for startups aiming for savvy financing decisions.
