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NAICS 425120, industry

NAICS 425120: Wholesale trade agents and brokers

NAICS 425120 is the industry code for wholesale trade agents and brokers. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.

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What 425120 covers

This code covers agents and brokers who arrange the sale of goods between businesses for a commission or fee, without taking title, including manufacturers' representatives, import export agents and online business to business marketplaces.

In NAICS 2022, business to business electronic markets (formerly 425110) were merged into this code.

Included in this code

  • Manufacturers' representatives
  • Commission merchants
  • Food brokers
  • Import and export agents
  • Business to business electronic marketplaces
  • Auction companies selling goods wholesale

Not this code

Businesses that use 425120

Manufacturers' rep agencyFood brokerImport export agentWholesale auction company

Financing for this trade

Brokers and reps carry little inventory, so they use small business lines of credit, commission receivables financing and SBA 7(a) loans to buy or merge agencies. Lenders focus on principal contracts and commission stability.

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Is 425120 the right code for a wholesale trade broker?

Yes, if you earn commissions or fees for arranging sales of goods between businesses without owning the goods, as a manufacturers' rep, food broker, import agent or B2B marketplace. If you buy and resell inventory, use a 423 or 424 code. Freight brokers use 488510.

What is the SBA size standard for 425120?

The SBA size standard for 425120 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 wholesale trade broker under that headcount counts as small for SBA 7(a) and 504 loans and for federal small business contracts, whatever its revenue.

How can a manufacturers' rep agency get financing?

Without inventory or equipment, lenders focus on cash flow and commission history. Lines of credit cover timing gaps when principals pay commissions late. SBA 7(a) loans are common for buying another agency or a retiring partner's share. Lenders look at contract terms, cancellation clauses and how much income comes from one principal.

What does NAICS 425120 cover?

Wholesale trade agents and brokers. Industry level code in NAICS 2022, under 42 Wholesale trade, 425 Wholesale trade agents and brokers, 4251 Wholesale trade agents and brokers, 42512 Wholesale trade agents and brokers.

What financing do NAICS 425120 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 425120?

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.