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NAICS 334514, industry

NAICS 334514: Totalizing fluid meter and counting device manufacturing

NAICS 334514 is the industry code for totalizing fluid meter and counting device manufacturing. Use it on loan applications, tax forms and registrations. Explore financing for technology and start your application when you are ready.

What 334514 covers

This code covers makers of totalizing fluid meters and counting devices, such as water meters, gas meters, parking meters, taximeters and odometers.

Included in this code

  • Water and gas meters
  • Parking meters
  • Taximeters
  • Counters and tachometers
  • Odometers and speedometers

Businesses that use 334514

Water meter makerParking meter manufacturerCounter producer

Financing for this trade

Meter makers use receivables lines for utility and municipal customers and equipment loans for production. Lenders look at government contract backlog.

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Is 334514 the right code for a fluid meter and counting device manufacturer?

Yes, if you make water or gas meters, parking meters, counters or similar totalizing devices. Electricity meters belong in 334515, process flow instruments in 334513 and vehicle dashboards in 336320. Smart meter makers usually choose based on the utility type. Lenders check that the code on your application matches your tax return, so settle on one and keep it consistent.

What is the SBA size standard for 334514?

Under 13 CFR 121.201, a business classified under NAICS 334514 is small if it averages no more than 850 employees, counting affiliates, over the prior 24 months. SBA uses that number for loan eligibility and federal agencies use it for small business set asides. A firm above it can still qualify for SBA 7(a) and 504 loans under the alternative standard of $15 million tangible net worth and $5 million average net income.

How do meter manufacturers finance municipal contracts?

Municipal and utility contracts can be large with slow payment, so meter makers rely on revolving lines secured by government receivables and sometimes contract financing. Equipment loans cover production lines. Lenders look at backlog, contract terms and the creditworthiness of utilities. A clean balance sheet and an up to date accounts receivable aging make the strongest case to any of these lenders.

What does NAICS 334514 cover?

Totalizing fluid meter and counting device manufacturing. Industry level code in NAICS 2022, under 31-33 Manufacturing, 334 Computer and electronic product manufacturing, 3345 Navigational, measuring, electromedical, and control instruments manufacturing, 33451 Navigational, measuring, electromedical, and control instruments manufacturing.

What financing do NAICS 334514 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for technology businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 334514?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.