Powered by LevrNAICS 523160: Commodity contracts intermediation
NAICS 523160 is the industry code for commodity contracts intermediation. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 523160 covers
Commodity contracts intermediation includes commodity brokers and dealers that trade futures and options for others. Futures commission merchants and introducing brokers are included.
New code in NAICS 2022, combining commodity dealing (523130) and commodity brokerage (523140).
Included in this code
- Commodity brokers
- Futures commission merchants
- Introducing brokers
- Commodity dealers
Not this code
- Securities brokers: see 523150 Investment banking and securities intermediation
- Exchanges: see 523210 Securities and commodity exchanges
- Grain merchants: see 424510 Grain and field bean merchant wholesalers
Businesses that use 523160
Financing for this trade
Commodity brokers fund operations with equity, subordinated debt and bank lines within CFTC capital rules. Lenders review adjusted net capital, customer fund segregation and trading volumes.
Apply for funding with AIIs 523160 the right code for a commodity broker?
Yes, if you broker or deal commodity futures and options. Securities brokers use 523150. The closest alternatives are 523150 (investment banking and securities intermediation) and 523210 (securities and commodity exchanges). 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 523160?
The SBA size standard for 523160 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 commodity broker at or below that figure counts as small for federal small business contracts and other SBA size determinations, although lending and passive investment businesses are generally not eligible for SBA 7(a) loans.
How do commodity brokers finance operations?
They use equity, subordinated loans and bank lines, subject to CFTC capital requirements. Lenders review net capital and customer segregation. A broker who works with many lenders can line up bank, SBA and alternative offers side by side, which often matters more than chasing the lowest headline price.
What does NAICS 523160 cover?
Commodity contracts intermediation. Industry level code in NAICS 2022, under 52 Finance and insurance, 523 Securities, commodity contracts, and other financial investments and related activities, 5231 Securities and commodity contracts intermediation and brokerage, 52316 Commodity contracts intermediation.
What financing do NAICS 523160 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 523160?
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.