Powered by LevrNAICS 532310: General rental centers
NAICS 532310 is the industry code for general rental centers. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 532310 covers
General rental centers rent a broad range of consumer, commercial and industrial equipment, such as tools, lawn equipment and party supplies.
Included in this code
- General rental centers
- Tool rental stores
- Homeowner equipment rental
Not this code
- Construction equipment rental: see 532412 Construction, mining, and forestry machinery and equipment rental and leasing
- Party rental: see 532289 All other consumer goods rental
- Hardware stores: see 444140 Hardware retailers
Businesses that use 532310
Financing for this trade
Rental centers finance fleets with equipment loans and leases and fund locations with SBA 7(a) or 504 loans. Lenders look at time utilization, dollar utilization and fleet age.
Apply for funding with AIIs 532310 the right code for an equipment rental center?
Yes, if you rent a broad range of tools and equipment to homeowners and contractors. Heavy construction equipment rental uses 532412. The closest alternatives are 532412 (construction, mining, and forestry machinery and equipment rental and leasing) and 532289 (all other consumer goods rental). 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 532310?
The SBA size standard for 532310 is $9M 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 equipment rental center at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
What financing do rental centers use?
Equipment loans and leases fund rental fleets, and SBA 7(a) and 504 loans fund locations. Lenders look at utilization, time utilization and equipment age. 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 532310 cover?
General rental centers. Industry level code in NAICS 2022, under 53 Real estate and rental and leasing, 532 Rental and leasing services, 5323 General rental centers, 53231 General rental centers.
What financing do NAICS 532310 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 532310?
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.