Powered by LevrNAICS 423930: Recyclable material merchant wholesalers
NAICS 423930 is the industry code for recyclable material 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 423930 covers
This code is for businesses that collect, sort, bale and resell scrap and recyclable materials such as metal, paper, plastic, glass and auto parts salvaged from vehicles. Scrapyards and auto wreckers selling to mills and processors fall here.
Included in this code
- Scrap metal yards
- Auto wrecking and salvage yards that sell parts and scrap
- Paper and cardboard recyclers
- Plastic scrap dealers
- Bottle and glass recyclers
- Rag and textile scrap dealers
Not this code
- Material recovery facilities that sort mixed recyclables: see 562920 Materials recovery facilities
- Waste collection: see 562111 Solid waste collection
- Used auto parts sold to the public: see 441330 Automotive parts and accessories retailers
Businesses that use 423930
Financing for this trade
Scrapyards use equipment loans and leases for balers, shears, loaders and roll off trucks, plus revolving lines to buy material ahead of mill payments. Lenders look at commodity price swings, environmental permits and how quickly mills and exporters pay.
Apply for funding with AIIs 423930 the right code for a scrap metal recycler?
Yes, if you buy or collect scrap metal, paper, plastic or other recyclables and sell them to mills, smelters or brokers, or if you run a salvage yard that sells used auto parts and scrap. Single stream recycling plants that sort municipal recyclables use 562920, and haulers use waste collection codes.
What is the SBA size standard for 423930?
The SBA size standard for 423930 is 125 employees. SBA counts the average number of people on payroll, full time, part time and temporary, over the last 24 months, and adds in any affiliates. A scrap metal recycler under that headcount counts as small for SBA 7(a) and 504 loans and for federal small business contracts, whatever its revenue.
What financing do scrap metal yards use?
Equipment financing is the biggest need: shears, balers, material handlers, scales and roll off trucks. A working capital line covers buying scrap before the mill pays. SBA 7(a) and 504 loans can fund yard real estate. Lenders ask about environmental permits, metal price exposure and the yard's buyer relationships.
What does NAICS 423930 cover?
Recyclable material merchant wholesalers. Industry level code in NAICS 2022, under 42 Wholesale trade, 423 Merchant wholesalers, durable goods, 4239 Miscellaneous durable goods merchant wholesalers, 42393 Recyclable material merchant wholesalers.
What financing do NAICS 423930 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 423930?
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.