{"id":1456,"date":"2023-01-01T00:00:00","date_gmt":"2023-01-01T05:00:00","guid":{"rendered":"https:\/\/stagingweb.trainingindustry.com\/glossary\/letter-of-intent\/"},"modified":"2023-02-23T15:38:11","modified_gmt":"2023-02-23T20:38:11","slug":"letter-of-intent","status":"publish","type":"glossary","link":"https:\/\/trainingindustry.com\/glossary\/letter-of-intent\/","title":{"rendered":"Letter of Intent"},"template":"","class_list":["post-1456","glossary","type-glossary","status-publish","hentry"],"acf":{"main_content":"A letter of intent (LOI)<\/strong> is a document a company develops to communicate their intention of doing business with another company or companies. In the training industry, LOIs are predominantly used in Training BPO<\/a> engagements but are also used in large financial and complex business transactions for training services. 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