It is legal, but not all enterprises and enterprise funds can participate in lending. Enterprises and funds that participate in lending activities must meet the following conditions: 1. The enterprise that borrows and borrows funds must be an independent legal person with independent operation and independent accounting, with funds that can be independently controlled and used, and can engage in various economic decisions and activities, and enjoy a good reputation in society; 2. The enterprise with borrowed funds must have certain self-owned funds and practical repayment ability, so as to ensure the repayment of principal and interest on schedule. 3. The funds released by the enterprise must meet the following sources: (1) the self-owned funds temporarily idle by various offices, companies and affiliated enterprises and institutions in the bureau; (2) Available and unused special funds: (3) Temporary idle funds raised from various channels. Bank loans may not be lent. 4. The funds borrowed by the enterprise must be used in the following aspects: (1) The bank has approved the technical transformation and project establishment of the loan, and before the bank loan has been issued, the enterprise can temporarily supplement it by borrowing money; (2) 1% to 39 "self-raised funds required for enterprise loans can be temporarily supplemented by borrowing funds when the enterprise has difficulty in raising enough funds at one time; (3) Short-term working capital urgently needed by enterprises in production and operation; (4) Some funds needed for technological transformation projects with low investment, high efficiency and quick results. The use of borrowing by enterprises should be mastered according to the above scope, and cannot be used for long-term investment in fixed assets, let alone lending for profit. The Supreme People's Court's Answers to Several Questions on the Trial of Joint Venture Contract Disputes stipulates that "an enterprise legal person or a public institution as a joint venture invests in a joint venture, but does not participate in the joint venture, nor does it bear the risk responsibility of the joint venture. If the principal and interest are recovered on schedule regardless of profit and loss, or the fixed profits are collected on schedule, it is clearly a joint venture, but it is actually a loan, which violates relevant financial regulations and should confirm that the contract is invalid. In addition to the return of the principal, the interest that the investor has obtained or agreed to obtain shall be collected, and the other party shall be fined equivalent to the bank interest. "