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When to use a letter of intent

  • Checkmark When negotiating a business deal
  • Checkmark When expressing interest in certain services
  • Checkmark To establish the key points of an important deal
  • Checkmark When planning a major purchase, such as equipment
  • Checkmark To set the stage for further negotiations and due diligence

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Concise and clear terms of a potential deal

Throughout the letter of intent template, we explain all the terms and guide you on making the best choices for your potential deal.

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Nonbinding and Straightforward

Express interest in a business opportunity and start negotiating possible terms without signing a legally binding contract.

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A Powerful Tool for Your Business Goals

Establish rapport with the other party and demonstrate your seriousness and professionalism through a well-drafted letter of intent.

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How to create a letter of intent in 3 steps

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1

Gather Information

Begin by collecting basic information about the parties, including their names and basic contact details. Also, determine how long after the letter is signed that formal negotiations will begin. 

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2

Answer Key Questions

We help you integrate the information you collected into a letter adapted to your business needs. As you complete our questionnaire, we inform you about your choices at each step and dynamically ask new questions based on your previous answers.

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3

Review

Always read your document thoroughly to ensure it contains everything you need and is free of errors. In any case, once you finish creating your document, you will be able to alter it as much as you like in Microsoft Word. However, if you do not need to make any changes, you can simply download the PDF version.

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Help Guide

Table of contents

Use our letter of intent template to quickly and easily disclose the possible terms, conditions, and expectations between a seller and a buyer. By having a clear and detailed LOI, you can ensure that your business relationship with the other party starts with transparency and mutual benefit.

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