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NAICS 485310, industry

NAICS 485310: Taxi and ridesharing services

NAICS 485310 is the industry code for taxi and ridesharing services. Use it on loan applications, tax forms and registrations. Explore financing for trucking and logistics and start your application when you are ready.

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What 485310 covers

This code covers taxi services and ridesharing, where drivers carry passengers by car on demand, including app based rideshare driving.

NAICS 2022 renamed this code to Taxi and Ridesharing Services and moved ridesharing here from 485999.

Included in this code

  • Taxi companies
  • Taxi owner operators
  • Rideshare drivers
  • Ridesharing platforms

Not this code

Businesses that use 485310

Rideshare driverTaxi fleetIndependent cab owner

Financing for this trade

Drivers and fleets use vehicle loans and leases, and fleets use working capital lines. Lenders look at earnings history from apps or dispatch records.

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Is 485310 the right code for a taxi and rideshare business?

Yes, if you drive passengers on demand for a taxi company or rideshare app, or run a taxi fleet. Black car and limousine services use 485320. Medical transportation for people with disabilities uses 485991. If your work overlaps, also read the definitions for 485320 (limousine service) and 485991 (special needs transportation), then choose the code that matches your largest source of revenue.

What is the SBA size standard for 485310?

The SBA size standard for 485310 is $19M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A taxi and rideshare business at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.

What financing do rideshare drivers and taxi fleets use?

Drivers finance vehicles with auto loans or leases, sometimes through platform partner programs. Taxi fleets use equipment loans and lines of credit. Lenders look at earnings statements from apps, insurance and vehicle age. Expect lenders to ask for receivables and payables agings, recent bank statements and a debt schedule, which also help a broker match the request to the right lender quickly.

What does NAICS 485310 cover?

Taxi and ridesharing services. Industry level code in NAICS 2022, under 48-49 Transportation and warehousing, 485 Transit and ground passenger transportation, 4853 Taxi and limousine service, 48531 Taxi and ridesharing services.

What financing do NAICS 485310 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for trucking and logistics businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 485310?

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.