While most companies across the UK have been affected by the credit crunch that hit the fortunes of Chase Norton, the financial turmoil has been a boon for some.
ASC Finance, which has an office on Stratford Road, Birmingham, is seeing more and more requests for finance and advice for businesses that have been abandoned by nervy banks.
And the increased interest rates on loans meant the company was seeing more profit from its investment.
Ewen Cameron, Warwickshire and Northamptonshire director for ASC, said: “It’s interesting times because we are able to help a lot more customers.
“We are getting a lot of inquiries at the moment, probably because the banks are being difficult. A lot of the stuff we do is property based, and banks are not too keen on property at the moment.
“We are brokers and we can point people in the right direction and help resolve their financial problems.”
And Brian Saunders, of his Jewellery Quarter-based eponymous jewellery company, said the firm had increased its profits by focusing more on tailor-made products, sales through the internet and finding out exactly what customers wanted.
He said: “When there is a recession, retailers tend to order less and pay slower. But we have been profitable on a smaller turnover.”