Powered by LevrNAICS 532490: Other commercial and industrial machinery and equipment rental and leasing
NAICS 532490 is the industry code for other commercial and industrial 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 532490 covers
Other commercial and industrial machinery and equipment rental and leasing includes rental of medical, manufacturing, oilfield and other commercial equipment without operators.
Included in this code
- Medical equipment leasing
- Manufacturing equipment leasing
- Oilfield equipment rental
- Restaurant equipment leasing
- Film equipment rental
Not this code
- Construction equipment rental: see 532412 Construction, mining, and forestry machinery and equipment rental and leasing
- Office equipment: see 532420 Office machinery and equipment rental and leasing
- Sales financing: see 522220 Sales financing
Businesses that use 532490
Financing for this trade
Equipment lessors fund leases with bank lines, securitizations and portfolio sales. Lenders review residual values, lessee credit and servicing capability.
Apply for funding with AIIs 532490 the right code for an equipment leasing company?
Yes, if you rent or lease commercial equipment without operators. Lenders financing purchases use 522220. The closest alternatives are 532412 (construction, mining, and forestry machinery and equipment rental and leasing) and 532420 (office machinery and equipment rental and leasing). 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 532490?
The SBA size standard for 532490 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 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 equipment leasing companies funded?
Bank lines, securitizations and portfolio sales fund leases. Lenders review residual values, lessee credit and servicing. 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 532490 cover?
Other commercial and industrial 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, 53249 Other commercial and industrial machinery and equipment rental and leasing.
What financing do NAICS 532490 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 532490?
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.