Powered by LevrNAICS 423440: Other commercial equipment merchant wholesalers
NAICS 423440 is the industry code for other commercial 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 423440 covers
This code covers merchant wholesalers of commercial equipment not classified elsewhere, such as restaurant equipment, commercial refrigerators, store fixtures and vending machines.
Included in this code
- Restaurant equipment and supplies
- Commercial refrigeration for food service
- Store fixtures
- Vending machines
- Laundry equipment for commercial use
Not this code
- Commercial kitchen equipment manufacturing: see 333310 Commercial and service industry machinery manufacturing
- Medical equipment: see 423450 Medical, dental, and hospital equipment and supplies merchant wholesalers
- Office equipment: see 423420 Office equipment merchant wholesalers
Businesses that use 423440
Financing for this trade
Commercial equipment dealers use inventory lines and leasing partnerships for restaurant buyers. Lenders look at customer credit and project backlog.
Apply for funding with AIIs 423440 the right code for a commercial equipment wholesaler?
Yes, if you sell restaurant, food service, laundry, vending or store equipment to businesses. Medical equipment uses 423450, office equipment 423420 and refrigeration supplies for contractors 423740. 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 423440?
Under 13 CFR 121.201, a business classified under NAICS 423440 is small if it averages no more than 100 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 restaurant equipment dealers help buyers finance?
Dealers often partner with equipment finance companies so restaurants can lease or finance kitchens, which speeds sales. The dealer uses an inventory line and receivables financing for project work. Lenders look at margins, project backlog and installation payment terms. Current financial statements and a receivables aging report speed up any of these approvals.
What does NAICS 423440 cover?
Other commercial 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, 42344 Other commercial equipment merchant wholesalers.
What financing do NAICS 423440 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 423440?
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.