Powered by LevrNAICS 532120: Truck, utility trailer, and RV (Recreational vehicle) rental and leasing
NAICS 532120 is the industry code for truck, utility trailer, and rv (recreational vehicle) rental and leasing. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 532120 covers
Truck, utility trailer and RV rental and leasing businesses rent or lease trucks, trailers and recreational vehicles without drivers.
Included in this code
- Truck rental and leasing
- Utility trailer rental
- RV rental
- Moving truck rental
Not this code
- Car rental: see 532111 Passenger car rental
- Trucking: see 484121 General freight trucking, long-distance, truckload
- Construction equipment rental: see 532412 Construction, mining, and forestry machinery and equipment rental and leasing
Businesses that use 532120
Financing for this trade
Truck, trailer and RV rental businesses finance fleets with equipment loans and leases and use SBA 7(a) or 504 loans for rental lots and shops. Lenders look at utilization, rental rates and resale values.
Apply for funding with AIIs 532120 the right code for a truck and RV rental company?
Yes, if you rent or lease trucks, trailers or RVs without drivers. Trucking with drivers uses 484 codes. Owners in this trade most often weigh it against 532111 (passenger car rental) and 532412 (construction, mining, and forestry machinery and equipment rental and leasing). 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 532120?
The SBA size standard for 532120 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 truck and RV rental 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 truck and RV rental businesses use?
Fleets are financed with equipment loans and leases, and SBA 7(a) loans can fund locations. Lenders look at utilization, rental rates and resale value. 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 532120 cover?
Truck, utility trailer, and RV (Recreational vehicle) rental and leasing. Industry level code in NAICS 2022, under 53 Real estate and rental and leasing, 532 Rental and leasing services, 5321 Automotive equipment rental and leasing, 53212 Truck, utility trailer, and RV (Recreational vehicle) rental and leasing.
What financing do NAICS 532120 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 532120?
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.