Skip to content
Log in Apply
NAICS 423710, industry

NAICS 423710: Hardware merchant wholesalers

NAICS 423710 is the industry code for hardware 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.

Apply for funding with AI

What 423710 covers

This code covers merchant wholesalers of hardware, such as hand tools, power tools, fasteners, locks, builders hardware and cutlery sold to retailers and contractors.

Included in this code

  • Hardware distribution
  • Fastener distribution
  • Tool wholesaling
  • Locks and door hardware
  • Builders hardware

Not this code

Businesses that use 423710

Fastener distributorTool wholesalerDoor hardware supplier

Financing for this trade

Hardware wholesalers use asset based lines and SBA 7(a) loans for acquisitions. Lenders look at inventory turns and customer concentration.

Apply for funding with AI

Is 423710 the right code for a hardware wholesaler?

Yes, if you sell hardware, tools, fasteners or locks to retailers, contractors or businesses. Hardware stores use 444140, plumbing distributors use 423720 and industrial supply houses use 423840. 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 423710?

Under 13 CFR 121.201, a business classified under NAICS 423710 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 fastener and hardware distributors finance inventory?

These distributors carry thousands of SKUs, so asset based lines on inventory and receivables are the core tool. Vendor managed inventory programs with customers can tie up cash. Lenders look at inventory turns and obsolete stock. A clean balance sheet and an up to date accounts receivable aging make the strongest case to any of these lenders.

What does NAICS 423710 cover?

Hardware merchant wholesalers. Industry level code in NAICS 2022, under 42 Wholesale trade, 423 Merchant wholesalers, durable goods, 4237 Hardware, and plumbing and heating equipment and supplies merchant wholesalers, 42371 Hardware merchant wholesalers.

What financing do NAICS 423710 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 423710?

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.