Generally, when a corporation or LLC needs to pass a resolution, the best option is using a template, which should be easy to fill out. 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. A Director Resolution creates either the director's minutes or the director's resolution in lieu of meeting for any corporation or organization. A corporate resolution is a document written during a board of directors meeting detailing a corporate action taken during the meeting.