Stand-alone LOI
LOI - generally called a Letter of Intent - we call it a Letter of Introduction. It's kind of an 'elevator speech' for applicants where we get a snapshot of some financial needs (we ask for up to 3). We use is as a guide and have a phone conversation with the applicant once the LOI is submitted. depending on our yearly goals, we may pass on this applicant for the year, but want to keep them for the next year.
It would be great to have a 'stand-alone' LOI that can be branched to an application at another date /year, without the applicant coming in and re-doing the LOI the next year.
I've read some of the other LOI ideas and many of them would work with this 'process' also. (having the ability to change the name is good too!)
Patricia Napolitano
shared this idea
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