Skip to content
Log in Apply
NAICS 522320, industry

NAICS 522320: Financial transactions processing, reserve, and clearinghouse activities

NAICS 522320 is the industry code for financial transactions processing, reserve, and clearinghouse activities. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.

Apply for funding with AI

What 522320 covers

Financial transactions processing, reserve and clearinghouse activities include payment processors, ACH operators, check clearinghouses and card networks.

Included in this code

  • Payment processors
  • Merchant acquirers
  • ACH processors
  • Card networks
  • Clearinghouses

Not this code

Businesses that use 522320

Payment processorPayment facilitator

Financing for this trade

Payment companies use venture debt, loans secured by merchant residuals and acquisition financing for buying portfolios. Lenders value residual streams on monthly income, attrition and processor contract terms.

Apply for funding with AI

Is 522320 the right code for a payment processor?

Yes, if you process payments or operate clearing systems. ISOs and agents reselling merchant services may use 522390 or 522320. The closest alternatives are 522210 (credit card issuing) and 518210 (computing infrastructure providers, data processing, web hosting, and related services). 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 522320?

The SBA size standard for 522320 is $47M 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 payment processor at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.

How do payment companies get financing?

Independent sales organizations often borrow against merchant residuals, which lenders value at a multiple of monthly residual income. Fintechs use venture debt. Lenders review residual history, attrition and processor contracts. Businesses within the $47M 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 522320 cover?

Financial transactions processing, reserve, and clearinghouse activities. Industry level code in NAICS 2022, under 52 Finance and insurance, 522 Credit intermediation and related activities, 5223 Activities related to credit intermediation, 52232 Financial transactions processing, reserve, and clearinghouse activities.

What financing do NAICS 522320 businesses use?

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

Where do I put NAICS 522320?

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.