Powered by LevrNAICS 485510: Charter bus industry
NAICS 485510 is the industry code for charter bus industry. Use it on loan applications, tax forms and registrations. Explore financing for trucking and logistics and start your application when you are ready.
What 485510 covers
Charter bus companies provide buses for groups on a charter basis, such as tours, teams and events.
Included in this code
- Motorcoach charters
- Tour bus operators
- Sports team bus charters
Not this code
- Scheduled intercity buses: see 485210 Interurban and rural bus transportation
- Scenic tours: see 487110 Scenic and sightseeing transportation, land
- School buses: see 485410 School and employee bus transportation
Businesses that use 485510
Financing for this trade
Charter operators finance motorcoaches with equipment loans and leases and use lines of credit for seasonal swings. Lenders look at safety ratings and bookings.
Apply for funding with AIIs 485510 the right code for a charter bus company?
Yes, if you rent buses with drivers to groups for trips, tours and events. Scheduled routes use 485210, and narrated sightseeing tours use 487110. The closest alternatives are 485210 (interurban and rural bus transportation) and 487110 (scenic and sightseeing transportation, land). Use whichever matches your largest revenue stream, and keep it consistent across tax filings, SBA forms and lender applications.
What is the SBA size standard for 485510?
The SBA size standard for 485510 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 charter bus 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 charter bus companies use?
Motorcoaches are financed with equipment loans and leases from manufacturers and specialty lenders. Seasonal lines cover winter slowdowns. Lenders look at FMCSA safety ratings, insurance, bookings and fleet 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 485510 cover?
Charter bus industry. Industry level code in NAICS 2022, under 48-49 Transportation and warehousing, 485 Transit and ground passenger transportation, 4855 Charter bus industry, 48551 Charter bus industry.
What financing do NAICS 485510 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 485510?
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.