Powered by LevrNAICS 532210: Consumer electronics and appliances rental
NAICS 532210 is the industry code for consumer electronics and appliances rental. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 532210 covers
Consumer electronics and appliances rental businesses rent TVs, appliances and electronics to consumers, including rent to own stores.
Included in this code
- Rent to own stores
- Appliance rental
- Electronics rental
Not this code
- Electronics stores: see 449210 Electronics and appliance retailers
- Furniture rental: see 532289 All other consumer goods rental
- Office equipment rental: see 532420 Office machinery and equipment rental and leasing
Businesses that use 532210
Financing for this trade
Rent to own stores use inventory lines to fund merchandise and SBA 7(a) loans for store purchases. Lenders review collections, charge offs and compliance with state rent to own laws.
Apply for funding with AIIs 532210 the right code for an appliance and electronics rental?
Yes, if you rent appliances or electronics to consumers, including rent to own. Stores selling outright use 449210. Owners in this trade most often weigh it against 449210 (electronics and appliance retailers) and 532289 (all other consumer goods rental). 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 532210?
The SBA size standard for 532210 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 appliance and electronics rental at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
What financing do rent to own stores use?
Inventory lines fund merchandise, and SBA 7(a) loans fund acquisitions. Lenders review collections and charge offs. 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 532210 cover?
Consumer electronics and appliances rental. Industry level code in NAICS 2022, under 53 Real estate and rental and leasing, 532 Rental and leasing services, 5322 Consumer goods rental, 53221 Consumer electronics and appliances rental.
What financing do NAICS 532210 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 532210?
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.