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.SBA form 160 Resolution of Board of Directors. Free Sample Corporate Resolution to Authorize Borrowing on a Line of Credit. Customize and download over 70 free corporate resolutions samples. A corporate resolution formally documents the decisions of a corporation's board of directors. Lender is authorized to make loans for business purposes. C. The Corporation wishes to obtain from Lender a loan for. A corporate resolution is a document written during a board of directors meeting detailing a corporate action taken during the meeting.