1. Working capital of enterprises: enterprises can obtain funds through credit to pay employees' salaries, purchase raw materials, purchase equipment, etc. Ensure normal operation and production.
2. Investment and expansion: enterprises can use credit funds to invest in new projects, expand existing business scale and open up new markets. To help enterprises achieve development and growth.
3. Asset purchase: Enterprises can purchase fixed assets, such as houses, land, machinery and equipment, through loans for business development or expansion of production capacity.
4. Inventory management: enterprises need a large amount of inventory at a certain time to meet market demand. Credit and loans can be used to purchase and manage inventory to ensure smooth supply chain.
5. Debt repayment: Enterprises can also use credit funds to repay previous debts, reduce the debt burden and improve corporate credit.
It should be noted that when banks and financial institutions accept applications for credit and loan business from enterprises and institutions, they will review and make decisions according to the specific situation, credit status and repayment ability of enterprises and comprehensively consider various factors. Therefore, the specific use will be different according to the actual situation of the enterprise.