Corporate Resolution Form For Sba Loan In Phoenix

State:
Multi-State
City:
Phoenix
Control #:
US-0038-CR
Format:
Word; 
Rich Text
Instant download

Description

The Corporate Resolution Form for SBA Loan in Phoenix serves as an official record adopted by a corporation's board of directors to authorize the retention of external services essential for operations. This form is tailored to facilitate the process of securing a Small Business Administration (SBA) loan by ensuring that all necessary approvals are documented. Key features of the form include space for the corporation's name, the specific services to be rendered, and the external company engaged for those services. For filling and editing, users should clearly specify the services and the terms of engagement while ensuring accurate representation of corporate resolutions. Legal professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to maintain compliance with legal obligations and ensure proper governance within the corporation. The structured format allows for easy completion and reference, catering to varying levels of legal expertise among users. This form is particularly useful when seeking loans from financial institutions, as it demonstrates procedural adherence and clear decision-making by the board.

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FAQ

What Should a Resolution Include? the company name. the date the resolution was passed. a title that describes the action taken such as "resolution to open a checking account" details of the action taken, and. signatures of the members who agreed to pass the resolution.

How to fill out SBA form 413 Provide basic business information. Report your assets. Report your liabilities. List your source of income and contingent liabilities to complete section 1. Detail your notes payable to banks and others in section 2. Detail the status of your stocks and bonds for section 3.

What should corporate resolutions include? Your corporation's name. Date, time and location of meeting. Statement of unanimous approval of resolution. Confirmation that the resolution was adopted at a regularly called meeting. Resolution. Statement authorizing officers to carry out the resolution.

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Corporate Resolution Form For Sba Loan In Phoenix