Accessing funding support – in plain English

Castle Corporate Finance - Our window on the world.

Castle’s Victoria Ansell was delighted to speak with Amalia Brightley-Gillott of the Family Business Place recently, and tried to unravel some of the practical aspects of accessing funding support at the moment.

Whilst Castle does not have all the answers, hopefully this video is helpful to anyone wanting to access funding support, but isn’t sure how to go about it.

If we can help in any way, do please contacts us.

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15th April 2020

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What is NOT a qualifying trade?
A company can be assumed to undertake a qualifying trade, unless it is involved in a non-qualifying trade. Examples of non-qualifying trades are:
  • dealing in land, shares or financial instruments;
  • providing finance or insurance;
  • leasing or receiving royalties or licence fees;
  • legal or accountancy services;
  • certain property-based trades such as property development, farming, market gardening, hotel management and operating or managing nursing homes or residential care homes;
  • the generation or export of electricity or the generation of heat or any other form of energy; producing gas or fuel.
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