Download the free corporate borrowing resolution template as a word document or PDF. It is perfect to write a board resolution for an SBA loan from a bank.Seven steps for writing a board resolution, plus a definition, what it's required, how to pass a resolution and FAQs. Opening a nonprofit bank account requires a banking resolution. We walk you through the A-Zs of how to design this important document. A board resolution template provides guidance when creating resolutions, streamlining the process for greater efficiency. This resolution will indicate that a meeting of the company's board of directors has taken place and that there was a vote allowing the company to go into debt. A banking resolution is a document businesses create when they open a bank account. Board Resolution Format. Who has to complete this form?