Powered by LevrNAICS 423990: Other miscellaneous durable goods merchant wholesalers
NAICS 423990 is the industry code for other miscellaneous durable goods 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 423990 covers
This catch all code covers wholesalers of durable goods that are not classified elsewhere, such as musical instruments, luggage, firearms parts, prerecorded media, and general merchandise lines sold to businesses.
Included in this code
- Musical instruments wholesale
- Luggage and leather goods wholesale
- Prerecorded music and video wholesale
- Forest products other than lumber
- Durable general merchandise wholesale
- Fire extinguishers and sprinklers wholesale
Not this code
- Sporting goods wholesale: see 423910 Sporting and recreational goods and supplies merchant wholesalers
- Nondurable general merchandise: see 424990 Other miscellaneous nondurable goods merchant wholesalers
- Jewelry wholesale: see 423940 Jewelry, watch, precious stone, and precious metal merchant wholesalers
Businesses that use 423990
Financing for this trade
Typical products are revolving lines of credit, inventory loans and factoring, with trade finance for importers. Lenders want to see inventory turnover and that goods are not obsolete or hard to resell.
Apply for funding with AIIs 423990 the right code for a durable goods wholesaler?
Yes, if you wholesale durable goods that do not fit a more specific 423 code, such as musical instruments, luggage or recorded media sold to retailers. Check the specific codes first, because most products have a home. Nondurable items like cleaning products or candles go to 424990.
What is the SBA size standard for 423990?
The SBA size standard for 423990 is 100 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 durable goods wholesaler under that headcount counts as small for SBA 7(a) and 504 loans and for federal small business contracts, whatever its revenue.
What financing helps a general durable goods wholesaler?
A borrowing base line of credit tied to receivables and inventory is standard, with factoring as a fallback for younger businesses. Importers add letters of credit or purchase order funding. SBA 7(a) loans fund warehouse purchases and acquisitions of other distributors. Lenders want inventory aging and evidence that stock moves within a few months.
What does NAICS 423990 cover?
Other miscellaneous durable goods merchant wholesalers. Industry level code in NAICS 2022, under 42 Wholesale trade, 423 Merchant wholesalers, durable goods, 4239 Miscellaneous durable goods merchant wholesalers, 42399 Other miscellaneous durable goods merchant wholesalers.
What financing do NAICS 423990 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 423990?
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.