The Loan Committee can waive the 3-year requirement if borrower(s) can demonstrate. 1. Authorizing resolutions.After the main transaction documents are complete, there may remain other documents to be drafted, agreed and signed. A corporate resolution is a document written during a board of directors meeting detailing a corporate action taken during the meeting. 007 of 2022 Loan Amendment for West End LLCREDEVELOPMENT AGENCY OF SALT LAKE CITY RESOLUTION NO. Term Sheet Amendment No. 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.