A Letter of Intent (LOI) shows that you are serious about a purchase or sale. Letters of Intent are used to outline some basic terms of a proposed business transaction, such as price and assets, as well as define an expiration date, an exclusive negotiation period, and any special warranties you'd like included.
The Letter of Intent should express the wishes of the buyers and sellers as they intend to work toward final negotiations. However, it is important to note that the intentions around the business agreement outlined in the letter will not be binding until a final transaction agreement or contract is signed.
Our form makes it simple for you to make a Letter of Intent for the future purchase of an entire company or part of a company. Get started now!
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