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FREE LOI GENERATOR

Get Your Letter of Intentin about 15 minutes.

Tell us a few things about the business you're buying and the deal you're working on. We'll generate a clean draft LOI and email it to you — usually within 15 minutes.

Start my LOI What is an LOI?
Kept confidential
Built by Iowa & Texas attorneys
Free — no card required
What you'll need
  1. 1 Name and basic info of the business
  2. 2 Your contact details (buyer)
  3. 3 Seller contact details (if known)
  4. 4 Approximate purchase price
  5. 5 How you plan to fund it — SBA, seller, cash
Don't have all of this yet? That's fine — skip what you don't know and we'll work with what you give us.
What is an LOI?

The agreement before the agreement.

Most small-business acquisitions start with a Letter of Intent. It's a short document that shows the seller you're serious, locks in confidentiality, and sets the shape of the deal before anyone hires an attorney to draft the purchase agreement.

A handshake, in writing.

A Letter of Intent (LOI) spells out the key terms of a deal — price, structure, timing — before you spend real money on lawyers, accountants, or due diligence. It keeps both sides pointed at the same target.

Confidential from day one.

Our LOIs include a binding confidentiality clause. Anything the seller shares with you — financials, customer lists, trade secrets — stays between you. This part is enforceable, even if the deal never closes.

Legally binding

Mostly non-binding, on purpose.

The price and terms in an LOI are a starting point, not a contract. You can walk away if due diligence turns something up. Only a small set of provisions — confidentiality, exclusivity, expenses — are binding.

How this tool works. This generator drafts an LOI automatically from the information you enter. It is not individually reviewed by an attorney before it reaches your inbox, and using it does not create an attorney-client relationship with Surge Business Law. The draft is meant as a starting point you can edit and send. For binding legal advice on your specific deal, book a consultation.
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Deal structure

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What kind of purchase is this? Most small-business deals are asset purchases — they're cleaner and usually better for the buyer.

Your answers are kept confidential. We never share them.
Disclaimer. This tool generates a draft Letter of Intent automatically from the information you submit. It is for general informational purposes only, is not legal advice, and is not individually reviewed by an attorney before it is delivered. Using this tool does not create an attorney-client relationship with Surge Business Law PLLC. The draft may not fit the specifics of your deal — read it carefully and, for anything consequential, consult licensed counsel in your jurisdiction. State-law services from Surge Business Law are limited to Iowa and Texas.