Yes, a company can register its subsidiaries overseas, sign business contracts or project contracts with its domestic parent company, and then the parent company deposits a full deposit in a bank or other commercial bank, requiring the bank to issue a standby letter of credit to its subsidiaries' banks or commercial banks, and the subsidiaries can apply for loans in foreign banks with the standby letter of credit. Standby letter of credit is a bit cumbersome, but the cycle is not very long. It should be a legal way and the cost is not high.
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