NAICS 485320: Limousine service
NAICS 485320 is the industry code for limousine service. Use it on loan applications, tax forms and registrations. Explore financing for trucking and logistics and start your application when you are ready.
What 485320 covers
Limousine services provide chauffeured cars, limousines and luxury vans on a reserved basis. Party buses and black car services are included.
Included in this code
- Limousine services
- Black car services
- Chauffeured luxury vans
- Party bus services
Not this code
- Taxi and rideshare: see 485310 Taxi and ridesharing services
- Charter buses: see 485510 Charter bus industry
- Airport shuttles: see 485999 All other transit and ground passenger transportation
Businesses that use 485320
Financing for this trade
Limo operators finance vehicles with equipment loans and leases and use SBA loans. Lenders look at corporate accounts and insurance.
Apply for funding with AIIs 485320 the right code for a limousine company?
Yes, if you provide chauffeured vehicles by reservation, such as limousines, black cars or party buses. On demand taxis and rideshare drivers use 485310. Owners in this trade most often weigh it against 485310 (taxi and ridesharing services) and 485510 (charter bus industry). The right choice is the activity that brings in the most revenue, used the same way on tax returns and loan applications.
What is the SBA size standard for 485320?
The SBA size standard for 485320 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 limousine company at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
What financing do limousine companies use?
Limousines, SUVs and sprinter vans are financed with equipment loans and leases. SBA 7(a) loans can fund buying a competitor. Lenders look at corporate accounts, insurance costs and vehicle age. Businesses within the $19M SBA size standard can also use SBA 7(a) loans of up to $5 million for working capital, equipment or a buyout, and SBA 504 loans for owner occupied buildings.
What does NAICS 485320 cover?
Limousine service. Industry level code in NAICS 2022, under 48-49 Transportation and warehousing, 485 Transit and ground passenger transportation, 4853 Taxi and limousine service, 48532 Limousine service.
What financing do NAICS 485320 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 485320?
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.