Free LOI Generator
80 free generators for letters of intent, term sheets, MOUs, and offer letters. Leases, property and business purchases, investments, loans, franchises, partnerships, technology, manufacturing, energy, healthcare, and more. Pick your deal, fill in the terms, and download a Word file. No signup, and nothing you type leaves your browser.
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Leases, purchases, land, development, and residential deals.
Commercial leasing
Retail leaseFor storefronts, strip centers, and malls. Covers rent schedule, TI, delivery, exclusives, and co-tenancy.Restaurant leaseFor QSR, fast casual, and full service. Adds gas, venting, grease, liquor license, and outdoor seating.Office leaseFor office and medical office. Covers gross vs. base year, turnkey work, parking, and after-hours HVAC.Industrial leaseFor warehouse, flex, and distribution. Covers clear height, docks, power, trailer parking, and environmental.SubleaseFor subleasing all or part of a space. Covers master lease consent, FF&E, and term limits.Build-to-suit leaseFor a tenant that needs a building built for it. Covers project cost, rent as a return on cost, plan approval, schedule, and late delivery remedies.Lease renewal or extensionFor extending an existing commercial lease. Covers the new term, new rent, concessions, and any changes to the lease.
Commercial sales
Property purchaseFor buying a building or land. Covers price, deposits, due diligence, financing, and closing.Multifamily acquisitionFor buying an apartment building or complex. Covers price per unit, rent roll review, financing, and tenant deposits.Net lease investment purchaseFor buying a single-tenant NNN investment. Covers cap rate, tenant credit, lease review, estoppel, and right of first refusal.Sale-leasebackFor an owner-occupier selling its property and leasing it back. Covers price, leaseback rent, lease term, and guaranty.
Development and land
Buying, selling, and combining businesses.
Business acquisitionFor buying a restaurant, store, or small company. Covers price structure, seller note, earnout, lease assignment, and non-compete.Stock or equity purchaseFor buying 100% of a company's shares or membership interests. Covers enterprise value, working capital, escrow, indemnity, and R&W insurance.MergerFor two companies combining into one. Covers structure, exchange ratio, ownership split, board seats, management, and approvals.Private equity buyoutFor a private equity firm buying a majority of a founder-owned company. Covers rollover equity, management incentive equity, and financing.Management buyoutFor a management team buying the company from its owner. Covers price, SBA or bank debt, seller financing, and the owner's transition.Division carve-outFor buying a division or product line out of a larger company. Covers what transfers, transition services, shared contracts, and IP licensing back.Online business acquisitionFor buying a website, SaaS product, ecommerce store, or app. Covers price, holdback, account and code transfers, and seller support.Professional practice or client bookFor buying a CPA firm, insurance agency, advisory book, or agency client base. Price tied to recurring revenue, with a client retention adjustment.Distressed asset purchaseFor buying assets from a distressed company or out of bankruptcy. Covers stalking horse terms, break-up fee, assumed contracts, and court approval.Auto dealership acquisitionFor buying a franchised auto dealership. Covers blue sky, inventory, parts, manufacturer approval, and the dealership real estate.
Term sheets for equity and convertible investments.
Venture capital (preferred stock)Term SheetFor a seed or Series A priced equity round. Covers valuation, option pool, liquidation preference, board seats, and investor rights.Convertible noteTerm SheetFor an early-stage investment in convertible debt. Covers interest, maturity, valuation cap, discount, and what happens on a sale.SAFE financingTerm SheetFor a startup raising money on SAFEs. Covers amount, post-money valuation cap, discount, MFN, and pro rata rights.Growth equity investmentTerm SheetFor a minority investment in a profitable, growing company. Covers primary and secondary split, preferred terms, board seat, and exit rights.Real estate equity investmentTerm SheetFor an investor putting equity into a sponsor's property deal. Covers preferred return, promote, sponsor fees, and investor protections.Strategic corporate investmentTerm SheetFor a corporation investing in a startup or smaller partner. Covers the commercial deal tied to it, board observer, and limits on competitive information.
Indicative loan term sheets for real estate and business credit.
Commercial real estate loanTerm SheetFor a permanent loan on a stabilized commercial property. Covers LTV, DSCR, rate, amortization, prepayment, and recourse.Construction loanTerm SheetFor financing ground-up construction or major renovation. Covers loan to cost, equity first, draws, completion guaranty, and extensions.Bridge loanTerm SheetFor short-term financing to buy, reposition, or refinance a property. Covers LTV, rate, renovation holdback, exit plan, and extensions.Business term loan or line of creditTerm SheetFor a bank term loan, revolving line of credit, or both. Covers borrowing base, rate, collateral, guaranties, and covenants.Equipment financingTerm SheetFor financing or leasing equipment. Covers cost, down payment, term, payment, and the end-of-term buyout.Mezzanine loanTerm SheetFor subordinated debt behind a senior loan. Covers cash and PIK interest, equity kicker, pledge collateral, and intercreditor terms.
New units, resales, area development, and master franchises.
New franchise unitFor a franchisee signing up to open a new location with a franchisor. Covers franchise fee, royalties, territory, site approval, and opening timeline.Franchise resaleFor buying an existing franchised business from its current owner. Covers price, franchisor approval, transfer fee, training, and lease assignment.Area development agreementFor a multi-unit franchisee committing to open several locations in a territory. Covers the development schedule, fees, and exclusivity.Master franchiseFor a master franchisee taking rights to a country or region and selling sub-franchises. Covers master fee, fee splits, schedule, and trademarks.Franchise conversionFor an independent business converting to a franchise brand. Covers reduced fees, royalty ramp-up, rebranding, and conversion costs.
JVs, strategic alliances, and partner buy-ins and buyouts.
Joint ventureFor two companies forming a jointly owned business. Covers contributions, ownership, board and reserved matters, distributions, deadlock, and exit.Real estate development JVTerm SheetFor a developer partnering with a capital investor on a ground-up project. Covers equity split, development fee, promote, overruns, and guaranties.Strategic allianceMemorandum of UnderstandingFor two companies working together without forming a new entity. Covers scope, roles, revenue sharing, co-marketing, IP, and governance.Partner buy-inFor a new partner buying into an existing business or firm. Covers the percentage, buy-in price, payment, vesting, pay, and voting.Partner buyoutFor buying out a partner or co-owner. Covers valuation, price, payment, release from personal guaranties, and the departing partner's covenants.
Software, patents, trademarks, and technology deals.
Software licenseFor licensing software or a SaaS platform to a business customer. Covers scope, users, fees, support, data, IP, and termination.Patent or trademark licenseFor licensing a patent, trademark, or technology. Covers field of use, territory, exclusivity, royalties, minimums, and enforcement.Technology and IP asset purchaseFor buying software code, a product line, patents, or other IP without buying the company. Covers price, milestones, code review, and key developers.Software development servicesFor hiring a firm to build software. Covers scope, milestones, pricing model, acceptance testing, IP ownership, and warranty.Technology integration partnershipFor two software companies integrating products or reselling each other. Covers integration work, API access, revenue share, co-selling, and data.
Contract manufacturing, supply, distribution, and logistics.
Contract manufacturingFor hiring a manufacturer to make your product. Covers specs, MOQs, pricing, tooling, quality standards, lead times, and IP.Distribution agreementFor appointing a distributor for your products. Covers territory, exclusivity, minimum purchases, pricing, marketing duties, and termination.Supply agreementFor a long-term supply of materials or components. Covers volume commitments, price adjustments, specs, delivery, and supply assurance.Private labelFor a retailer or brand selling a manufacturer's product under its own name. Covers branding, pricing, MOQs, exclusivity, quality, and recalls.Third-party logistics (3PL)For outsourcing warehousing and order fulfillment to a 3PL. Covers rates, minimums, service levels, inventory accuracy, and liability.
Power purchase, land for energy projects, minerals, construction, and towers.
Solar power purchase agreementTerm SheetFor a business buying power from an on-site solar system owned by a developer. Covers PPA rate, escalator, term, production, and end of term.Solar or wind land leaseFor a developer leasing land for a solar or wind farm. Covers option payments, rent per acre, term, decommissioning, and landowner protections.Oil, gas, and mineral rightsFor buying oil, gas, or mineral rights or royalty interests. Covers acreage, price, title review, effective date, and transfer of payments.EPC or construction contractFor awarding an EPC or general construction contract. Covers scope, price, early work authorization, schedule, liquidated damages, and bonds.Cell tower or telecom site leaseFor leasing ground or rooftop space for a cell tower or antennas. Covers rent, escalators, term, access, co-location, and removal.
Practice acquisitions, physician employment, and healthcare facilities.
Medical or dental practice acquisitionFor buying a medical, dental, or veterinary practice. Covers price, patient records, payer contracts, the selling doctor's role, and compliance.Physician employmentFor a hospital or medical group recruiting a physician. Covers salary, productivity bonus, signing bonus, call, malpractice, and restrictive covenants.Medical office leaseFor leasing space for a medical, dental, or clinic practice. Covers medical build-out, plumbing and power, waste, exclusives, and parking.Healthcare facility acquisitionFor buying a skilled nursing, assisted living, or other licensed facility. Covers beds, census, payer mix, change of ownership, and operations transfer.
Hotels, management agreements, events, and sponsorships.
Hotel acquisitionFor buying a hotel. Covers price per key, the brand and PIP, management agreement, advance bookings, liquor license, and staff.Hotel management agreementTerm SheetFor a hotel owner hiring a management company. Covers base and incentive fees, owner priority return, performance test, reserves, and termination.Event or conference bookingFor a group holding a venue or hotel for a conference, wedding, or event. Covers dates, room block, F&B minimum, attrition, and cancellation.SponsorshipFor sponsoring an event, team, venue, or media property. Covers fee, sponsor benefits, category exclusivity, activation, and make-goods.
Offer letters, executive terms, consulting, and board roles.
Employment offer letterOffer LetterFor offering someone a job. Covers title, pay, exempt or non-exempt status, bonus, benefits, PTO, contingencies, and at-will language.Executive employmentTerm SheetFor hiring a senior executive. Covers salary, bonus, equity and vesting, change in control, severance, good reason, and covenants.Consulting engagementFor hiring an independent consultant or contractor. Covers scope, deliverables, fees, expenses, contractor status, IP, and termination.Startup advisor or board memberOffer LetterFor inviting an advisor or independent director to join a company. Covers role, time, equity and vesting, retainer, and D&O insurance.
Grant inquiries, nonprofit mergers, and education partnerships.
Grant letter of inquiryLetter of InquiryFor a nonprofit asking a foundation to invite a full grant proposal. Covers mission, need, project, outcomes, budget, and amount requested.Nonprofit mergerFor two nonprofits combining. Covers structure, which organization survives, board seats, leadership, mission, staff, restricted funds, and approvals.Education partnershipMemorandum of UnderstandingFor a school, college, or employer working together on a program. Covers each side's duties, student privacy, costs, credit, and term.
Teaming, subcontracting, and public-private partnerships.
Government contract teamingFor a prime contractor and subcontractor teaming to bid on a government contract. Covers roles, work share, exclusivity, and the subcontract after award.Subcontract letter of intentFor a prime contractor telling a subcontractor it intends to award work. Covers scope, price, early start authorization, bonds, insurance, and flow-downs.Public-private partnershipLetter of InterestFor a private company expressing interest in a public-private partnership or responding to an agency RFI. Covers concept, delivery model, financing, risk, and team.
How it works
- Pick the type of deal.
- Replace the example terms with yours. The document updates as you type.
- Download it as a Word file, copy it into an email, or print it to PDF.
Each generator asks the questions that matter for that deal and writes the terms in the language professionals use. Paragraphs meant to bind, like confidentiality and exclusivity, are marked binding. Everything else is clearly non-binding.