Convertible loans on the upswing

A conver­ti­ble loan enables a kind of “trial period” for both inves­tors and start-ups and closes the gap between equity and debt capi­tal. Prior to conver­sion into shares in the company, the lender initi­ally has no right of co-deter­­mi­na­­tion, but does have a right to infor­ma­tion. What should I pay atten­tion to with this form of financing?