This resolution will indicate that a meeting of the company's board of directors has taken place and that there was a vote allowing the company to go into debt. Free Sample Corporate Resolution to Authorize Borrowing on a Line of Credit.Customize and download over 70 free corporate resolutions samples. Resolution to authorize borrowing (bank loan). Lender is authorized to make loans for business purposes. C. The Corporation wishes to obtain from Lender a loan for. "Understand the importance of Corporate Resolution Forms, learn about their components and best practices, and access a sample template. Free template for an LLC member resolution. Editable document you can use to formally record member resolutions for your limited liability company. Download the free corporate borrowing resolution template as a word document or PDF.