Powered by LevrNAICS 423490: Other professional equipment and supplies merchant wholesalers
NAICS 423490 is the industry code for other professional equipment and supplies 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 423490 covers
This code covers merchant wholesalers of professional equipment and supplies not classified elsewhere, such as laboratory equipment, school supplies for institutions, surveying equipment and church supplies.
Included in this code
- Laboratory equipment and supplies
- Educational equipment and school supplies
- Surveying and drafting instruments
- Religious and church supplies
- Law enforcement equipment
Not this code
- Medical equipment: see 423450 Medical, dental, and hospital equipment and supplies merchant wholesalers
- Office equipment: see 423420 Office equipment merchant wholesalers
- Computers: see 423430 Computer and computer peripheral equipment and software merchant wholesalers
Businesses that use 423490
Financing for this trade
These wholesalers use receivables lines and inventory financing, especially for school and government accounts. Lenders look at payment cycles.
Apply for funding with AIIs 423490 the right code for a professional equipment wholesaler (other)?
Yes, if you sell professional equipment like lab, school, surveying or religious supplies that do not fit a more specific wholesale code. Medical equipment uses 423450, office equipment 423420 and computers 423430. 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 423490?
Under 13 CFR 121.201, a business classified under NAICS 423490 is small if it averages no more than 150 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 school and lab suppliers finance government accounts?
Schools, universities and government labs often pay slowly and buy in seasonal waves, so suppliers rely on revolving lines secured by receivables and inventory. Purchase order financing helps with large bids. Lenders look at contract terms and customer credit. A clean balance sheet and an up to date accounts receivable aging make the strongest case to any of these lenders.
What does NAICS 423490 cover?
Other professional equipment and supplies 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, 42349 Other professional equipment and supplies merchant wholesalers.
What financing do NAICS 423490 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 423490?
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.