Powered by LevrNAICS 423420: Office equipment merchant wholesalers
NAICS 423420 is the industry code for office equipment merchant wholesalers. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 423420 covers
This code covers merchant wholesalers of office equipment, such as copiers, printers for offices, shredders, safes and office machines, including copier dealers that sell and service equipment.
Included in this code
- Copier and multifunction printer dealers
- Office machines
- Shredders and binding equipment
- Point of sale equipment
- Office safes
Not this code
- Computers and software: see 423430 Computer and computer peripheral equipment and software merchant wholesalers
- Office supplies: see 424120 Stationery and office supplies merchant wholesalers
- Office equipment repair: see 811210 Electronic and precision equipment repair and maintenance
Businesses that use 423420
Financing for this trade
Office equipment dealers use inventory lines, leasing partnerships and acquisition financing. Lenders look at recurring service contract revenue.
Apply for funding with AIIs 423420 the right code for an office equipment dealer?
Yes, if you sell copiers, printers or office machines to businesses, often with service contracts. Computers and software belong in 423430, paper and supplies in 424120 and repair only shops in 811210. Pick the code that matches the work bringing in most of your revenue, since lenders compare it to your tax return.
What is the SBA size standard for 423420?
Under 13 CFR 121.201, a business classified under NAICS 423420 is small if it averages no more than 200 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 copier dealers finance growth?
Copier dealers often partner with leasing companies so customers can lease equipment, while the dealer uses an inventory line for machines and parts. Recurring service contracts support term loans and SBA 7(a) loans for acquisitions. Lenders look at contract renewal rates. Current financial statements and a receivables aging report speed up any of these approvals.
What does NAICS 423420 cover?
Office equipment merchant wholesalers. Industry level code in NAICS 2022, under 42 Wholesale trade, 423 Merchant wholesalers, durable goods, 4234 Professional and commercial equipment and supplies merchant wholesalers, 42342 Office equipment merchant wholesalers.
What financing do NAICS 423420 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 423420?
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.