Powered by LevrNAICS 541511: Custom computer programming services
NAICS 541511 is the industry code for custom computer programming services. Use it on loan applications, tax forms and registrations. Explore financing for technology and start your application when you are ready.
What 541511 covers
Businesses here write, modify, test and support software built to a client's specific needs. Custom application development, web and mobile app builds, and software contracting on a time and materials basis all fit. Publishing packaged software you sell to many customers is a different code.
Included in this code
- Custom application development
- Web and mobile app development
- Software programming on contract
- Website development and coding
- Software testing for clients
- Database design and programming
Not this code
- Software publishers: see 513210 Software publishers
- Computer systems integration design: see 541512 Computer systems design services
- Web hosting and data processing: see 518210 Computing infrastructure providers, data processing, web hosting, and related services
Businesses that use 541511
Financing for this trade
Software shops are asset light, so lenders look past equipment to receivables: invoice factoring or a receivables backed line of credit, revenue based financing for firms with recurring retainers, and SBA 7(a) loans for hiring or acquisitions. Underwriting centers on client contracts, monthly recurring revenue and how concentrated billing is.
Apply for funding with AIIs 541511 the right code for a custom software development company?
Yes, if you mainly write software to order for clients. Agencies that build custom web apps, mobile apps, integrations and databases, and independent contract programmers, belong here. If you sell your own packaged or SaaS product to many customers, 513210 is the closer fit. Firms that mainly plan and integrate whole computer systems use 541512.
What is the SBA size standard for 541511?
SBA sets the size standard for 541511 at $34 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Custom software developers at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent custom software developers fall well inside the limit, so size is rarely what decides an SBA application.
What financing do software development agencies use?
Because there is little hard collateral, most use receivables based tools: invoice factoring, a line of credit sized to receivables, or revenue based financing tied to monthly billing. SBA 7(a) loans fund hiring, working capital and acquisitions of other agencies. Lenders want signed client agreements, a spread of customers and clean accounts receivable aging.
What does NAICS 541511 cover?
Custom computer programming services. Industry level code in NAICS 2022, under 54 Professional, scientific, and technical services, 541 Professional, scientific, and technical services, 5415 Computer systems design and related services, 54151 Computer systems design and related services.
What financing do NAICS 541511 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for technology businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 541511?
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.