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.WHEREAS, the County of Alameda (the "County") and Union Bank of California ("Union. What kind of information do I need to create a resolution to authorize borrowing on a line of credit? The Corporation has or shall submit to Lender an application for a loan for the business. 2. Every bank will have its own procedures for accepting banking resolutions. Resolution allows Alameda CTC the flexibility to pay those costs, as needed, out of Measure.