Powered by LevrNAICS 525910: Open-End investment funds
NAICS 525910 is the industry code for open-end investment funds. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 525910 covers
Open end investment funds are mutual funds that pool investor money and invest it in securities, redeeming shares on demand.
Included in this code
- Mutual funds
- Money market funds
- Open end exchange traded funds
Not this code
- Fund managers: see 523940 Portfolio management and investment advice
- Closed end funds and other vehicles: see 525990 Other financial vehicles
Businesses that use 525910
Financing for this trade
Mutual funds are funded by investor shares and may keep small credit lines for redemptions within regulatory limits. Fund managers carry the operating financing needs under 523940.
Apply for funding with AIIs 525910 the right code for a mutual fund?
Yes, if the entity is the open end fund itself. Fund managers use 523940. Owners in this trade most often weigh it against 523940 (portfolio management and investment advice) and 525990 (other financial vehicles). 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 525910?
The SBA size standard for 525910 is $40M 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 mutual fund 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.
Do mutual funds borrow money?
Funds may use small credit lines for redemptions, subject to regulatory limits, but are funded by investor shares. Fund managers have their own financing. 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 525910 cover?
Open-End investment funds. Industry level code in NAICS 2022, under 52 Finance and insurance, 525 Funds, trusts, and other financial vehicles, 5259 Other investment pools and funds, 52591 Open-End investment funds.
What financing do NAICS 525910 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 525910?
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.