TemplateSmall businesses·Small business contracts

Letter of Intent (LOI)

Signal serious intent and outline key deal terms before a full contract.

Sections covered

  • Intent
  • Key terms
  • Next steps

Template preview

Intent

[Party A] intends to [buy/partner/engage] with [Party B] on the terms below. This letter is non binding except for the confidentiality and exclusivity sections.

Key terms

Price or fee: [amount]
Timeline: [dates]
Conditions: [due diligence, financing, approvals]

Next steps

The parties will negotiate a definitive agreement in good faith within [number] days.

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