Business

Letter of Intent (LOI) for Business Purchase

Preliminary agreement outlining key terms for business acquisition, including purchase price, due diligence period, financing structure, and timeline before definitive purchase agreement.

Key Clauses

1

Whereas

Establishes parties' intent to negotiate business purchase and outlines preliminary understanding of transaction terms.

Use This Template

When You Need This

  • Expressing serious interest in acquiring a target business
  • Establishing exclusivity period for due diligence and negotiations
  • Outlining preliminary terms before expensive legal documentation
  • Securing financing commitments based on agreed purchase structure