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.Resolution for Car Loan - Free download as Word Doc (. This corporate resolution to purchase vehicle includes details covering a description of the vehicle, its purchase price, and the name of the seller. FORM NO. 49 Partners' Resolution authorizing Partner to represent law firm to purchase motor vehicle and apply for a loan for that purpose. What information will I need to fill out the form? You will need the correct name and street address of each defendant and claimant. This document serves as a formal record of your company's decision to apply for a loan, demonstrating to the lender your commitment and transparency.