Powered by LevrNAICS 532420: Office machinery and equipment rental and leasing
NAICS 532420 is the industry code for office machinery and equipment 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 532420 covers
Office machinery and equipment rental and leasing businesses rent copiers, computers and office furniture. Copier leasing companies are the most common businesses here.
Included in this code
- Copier leasing
- Computer rental
- Office furniture rental
Not this code
- Office equipment dealers: see 423420 Office equipment merchant wholesalers
- Consumer electronics rental: see 532210 Consumer electronics and appliances rental
Businesses that use 532420
Financing for this trade
Office equipment lessors fund leases with bank lines and by selling lease portfolios to funding sources. Lenders look at lessee credit, default rates and servicing.
Apply for funding with AIIs 532420 the right code for an office equipment leasing company?
Yes, if you rent or lease office machines and furniture. Dealers selling them use 423420. Owners in this trade most often weigh it against 423420 (office equipment merchant wholesalers) and 532210 (consumer electronics and appliances 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 532420?
The SBA size standard for 532420 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. An office equipment leasing company at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
How are office equipment leasing companies financed?
They fund leases with bank lines and sell lease portfolios to funding sources. Lenders review lessee credit and portfolio performance. Businesses within the $40M 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 532420 cover?
Office machinery and equipment rental and leasing. Industry level code in NAICS 2022, under 53 Real estate and rental and leasing, 532 Rental and leasing services, 5324 Commercial and industrial machinery and equipment rental and leasing, 53242 Office machinery and equipment rental and leasing.
What financing do NAICS 532420 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 532420?
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.