Powered by LevrNAICS 423610: Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers
NAICS 423610 is the industry code for electrical apparatus and equipment, wiring supplies, and related 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 423610 covers
This code covers merchant wholesalers of electrical apparatus, wiring supplies, lighting fixtures, construction electrical materials and related equipment, selling mainly to contractors and industrial customers.
Included in this code
- Electrical supply houses
- Wire, cable and conduit distribution
- Lighting and lamps wholesale
- Electrical panels and switchgear distribution
- Solar and EV charging components
Not this code
- Electrical contractors: see 238210 Electrical contractors and other wiring installation contractors
- Electronic parts: see 423690 Other electronic parts and equipment merchant wholesalers
- Appliances and consumer electronics: see 423620 Household appliances, electric housewares, and consumer electronics merchant wholesalers
Businesses that use 423610
Financing for this trade
Electrical distributors use asset based lines on inventory and contractor receivables and SBA 7(a) loans for acquisitions. Lenders look at contractor credit and copper price exposure.
Apply for funding with AIIs 423610 the right code for an electrical supply distributor?
Yes, if you sell electrical supplies, wire, lighting or gear to contractors and businesses. Electrical contractors use 238210, electronic component distributors use 423690 and appliance distributors use 423620. 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 423610?
Under 13 CFR 121.201, a business classified under NAICS 423610 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 electrical distributors finance contractor accounts?
Electrical supply houses carry large inventories and extend credit to contractors, so asset based lines on inventory and receivables are standard. Lien rights and joint check agreements reduce risk. Lenders look at credit policies and copper exposure. A clean balance sheet and an up to date accounts receivable aging make the strongest case to any of these lenders.
What does NAICS 423610 cover?
Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers. Industry level code in NAICS 2022, under 42 Wholesale trade, 423 Merchant wholesalers, durable goods, 4236 Household appliances and electrical and electronic goods merchant wholesalers, 42361 Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers.
What financing do NAICS 423610 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 423610?
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.