With the credit crunch affecting every market in the UK there are still a few companies who are making profits.

Reported recently in the news Welcome car finance had a great first four months this year. The parent company Cattles has also said they expect to exceed their targets for 2008.

The Chief Executive Officer of Cattles, David Postings, reportedly commented "We look forward to the continued successful development of the businesses and view the Group's prospects for 2008 with confidence."

It appears that the credit crunch has not stopped the demand for car finance, with the number of people taking out car finance with welcome has risen 18% compared to last years figure.

Welcome finance comment that even with the rise in customers they have been rejecting applications, since news of the credit crunch they have had to tighten their lending criteria.

Experts say the move earlier this year by Welcome to only offer financial products in-house rather than using independent dealerships shows they are committed to customer care. They now carry out stricter credit checks and are only offering finance to those who can make repayments.