Powered by LevrNAICS 926150: Regulation, licensing, and inspection of miscellaneous commercial sectors
NAICS 926150 is the industry code for regulation, licensing, and inspection of miscellaneous commercial sectors. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 926150 covers
This code covers government regulation, licensing and inspection of commercial sectors not classified elsewhere, such as professional licensing boards, building inspection departments, banking and insurance regulators and alcohol control boards.
Included in this code
- Professional licensing boards
- Building inspection departments
- Banking and insurance regulators
- Alcohol beverage control
- Consumer protection licensing
Not this code
- Private building inspectors: see 541350 Building inspection services
- Utility regulation: see 926130 Regulation and administration of communications, electric, gas, and other utilities
Businesses that use 926150
Financing for this trade
Agencies under 926150 are funded by appropriations and pay for buildings and equipment through bonds and lease purchase agreements rather than business loans. Companies that sell to commercial regulation and licensing agencies, such as inspection firms and software vendors, use their own industry code and typically finance contracts with receivables lines, government contract factoring and SBA 7(a) loans.
Apply for funding with AIIs 926150 the right code for a licensing or inspection agency?
Yes, if the establishment licenses, regulates or inspects businesses as a government agency, such as a licensing board, building department or insurance regulator. Private building inspection firms use 541350, even when contracted by a city. Small businesses almost never use a 92 code, since sector 92 describes government itself rather than the companies that serve it.
Does 926150 have an SBA size standard?
No. Code 926150 covers government agencies, which are not businesses, so SBA does not set a size standard for it. A company that sells to commercial regulation and licensing agencies is measured by the size standard of its own industry code, and that is the code to use on SBA loan applications and small business set aside bids.
How do businesses that sell to commercial regulation and licensing agencies finance contracts?
Vendors to commercial regulation and licensing agencies, such as inspection firms and software vendors, usually use a line of credit or invoice factoring backed by government receivables, since agencies often pay on 30 to 60 day terms. Equipment loans and SBA 7(a) loans fund growth. Lenders look at the contract, the agency's payment record, bonding where required and the vendor's performance history.
What does NAICS 926150 cover?
Regulation, licensing, and inspection of miscellaneous commercial sectors. Industry level code in NAICS 2022, under 92 Public administration, 926 Administration of economic programs, 9261 Administration of economic programs, 92615 Regulation, licensing, and inspection of miscellaneous commercial sectors.
What financing do NAICS 926150 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 926150?
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.