Powered by LevrNAICS 523910: Miscellaneous intermediation
NAICS 523910 is the industry code for miscellaneous intermediation. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 523910 covers
Miscellaneous intermediation covers dealing in financial contracts for own account not elsewhere classified, such as venture capital investing and investment clubs.
Included in this code
- Venture capital companies
- Investment clubs
- Viatical settlement companies
- Mineral royalty dealers
Not this code
- Portfolio management: see 523940 Portfolio management and investment advice
- Securities brokers: see 523150 Investment banking and securities intermediation
- Holding companies: see 551112 Offices of other holding companies
Businesses that use 523910
Financing for this trade
Investment firms use subscription lines backed by investor capital commitments and net asset value loans backed by portfolios. Lenders review investor quality, commitments and portfolio values.
Apply for funding with AIIs 523910 the right code for an investment intermediary?
Yes, if you invest or deal in financial contracts on your own account. Advisers managing client money use 523940. The closest alternatives are 523940 (portfolio management and investment advice) and 523150 (investment banking and securities intermediation). 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 523910?
The SBA size standard for 523910 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. An investment intermediary 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 investment firms finance operations?
Funds use subscription lines backed by investor capital commitments and net asset value loans. Lenders review investor quality and portfolio value. 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 523910 cover?
Miscellaneous intermediation. Industry level code in NAICS 2022, under 52 Finance and insurance, 523 Securities, commodity contracts, and other financial investments and related activities, 5239 Other financial investment activities, 52391 Miscellaneous intermediation.
What financing do NAICS 523910 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 523910?
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.