• Home
  • Free Funding Guide
  • What We Offer
    • Products
    • Services
    • Free Guide
  • About Us
  • Contact
  • Sign Up

  • Ask Joe Any Question!
  • Business Credit Cards
  • Business Line of Credit
  • Topics

How to Find Aged Shelf Companies for Sale +Why Buy Them? 

By Joe

aged shelf companies for sale

Looking to get into the world of aged shelf companies? You’re in the right place! Aged shelf companies, also known as blank check companies or ready-made businesses, are like the fine wine of the business world – they’ve been sitting on the shelf, waiting for the perfect moment to shine. 

In this guide, we’ll take you on a journey through the ins and outs of aged shelf companies, from what they are to where to find them.

Here’s what’s in store: 

  • What are Aged Shelf Companies?
    • What are the Characteristics of a Shelf Company?
    • How Much Does a Shelf Corporation Cost?
  • Why Buy an Aged Shelf Corporation?
    • What do People Do With Shelf Companies?
  • How to Find Aged Shelf Companies for Sale
    • 1. Online Business Brokers
    • 2. Legal & Financial Services
    • 3. Business Directories
    • 4. Networking
    • 5. Online Marketplaces
    • 6. Legal Notices
    • 7. Industry Conferences & Events
    • 8. Business Associations
    • 9. Online Forums and Classifieds
  • How to Protect Yourself From a “Bad” Shelf Company
  • FAQ
  • Final Thoughts

Now, let’s get to it! 

What are Aged Shelf Companies?

aged shelf company definition

Also known as blank check companies, ready-made companies, or simply “aged” companies, aged shelf companies are registered entities that have had no activity. Think of it as setting your business on a shelf to age like a bottle of wine. 

Check out our Shelf Corp - Special Deal!
Check out our Shelf Corp - Special Deal!

See our discounted offer on an Aged Shelf Corp for sale (plus our best training included for free). Just click Add to Card below

Add to Cart
Lasso Brag

Like wine, when the right conditions are met, a business can improve when aged. Except, rather than enhance the flavor, a shelved company establishes corporate history and, when opened, can expedite business processes. 

Note: Shelf companies are not to be confused with “shell corporations,” which are typically empty entities used for concealing ownership, avoiding taxes, or engaging in illicit activities.

What are the Characteristics of a Shelf Company? 

In a nutshell, aged shelf companies have been around for several years or more, often decades, and remain inactive since their creation. They have a clean financial and operational history, with no debts or liabilities.

Now, let’s find out how much a shelf corporation costs and the considerations involved. 

How Much Does a Shelf Corporation Cost? 

So, how much does it cost to snag one of these shelf corporations? Well, it’s kind of like buying anything vintage – the price can vary, and it depends on several factors:

  1. Older shelf corporations tend to cost more because they’ve got that longer corporate history going for them.
  2. Where it’s registered matters. Some places have higher fees and maintenance costs.
  3. The person or entity selling the shelf corporation sets the price – It can be influenced by demand and what extras they throw in.
  4. Some sellers offer stuff like help with transferring ownership or handling compliance, which can affect the price tag.
  5. If the company’s got a snazzy name or a certain legal structure, that can drive up the cost. 
  6. Sometimes, you get additional documents like articles of incorporation or organization and credit reports, which can bump up the price. 
  7. The demand for shelf corporations in a particular area or industry can make the prices go up or down. 

See: Low-Risk NAICS Codes +Best SIC Codes for Business Credit

Prices can range from a couple hundred bucks up to ten grand, so do your homework – think about what you need and make sure to check for any hidden surprises before you dive in! 

Why Buy an Aged Shelf Corporation? 

What is the meaning of a shelf company benefits

Now, let’s talk about why some folks choose to snag an aged shelf company—it’s kind of like thrift shopping for businesses.  

Here’s why you might want to buy one:

  • Instant street cred – These old-timers have been around the block for a while, so your business looks legit right from the start. Customers and partners might trust you more.
  • Skip the line – Instead of waiting in line to set up a brand-new business, you can waltz right in with a shelf company. Quick and easy, no fuss.
  • Grab opportunities – Sometimes, to get certain contracts or loans, you need a business with a bit of history. Shelf companies meet those requirements with style.
  • Borrowing made easy – If you need cash, lenders often prefer companies with a few years under their belt. With an established business, getting business credit can be smoother.
  • Blink and You’re In – Expanding your business into new markets? A shelf company can help you jump through those legal hoops faster.
  • Name Game – If the shelf company has a cool name, you can use it without the hassle of registering a new one.
  • Tailor-Made – When you choose a shelf company that fits your business strategy, it’s like a ready-made suit, but for your business.

Next, let’s look at what you can do with them. 

Recommended: This is How to Leverage Business Credit to Transform Your Life 

What do People Do With Shelf Companies?

So, what’s the deal with shelf companies? Well, folks use ’em for all sorts of reasons.

Imagine you’re in a hurry to kickstart a business or snag some sweet contracts. A shelf company’s like a shortcut because it’s been around for a while, making your new venture look trustworthy right from the get-go. Plus, if you need loans or want to expand into new markets, having a seasoned business can make things way smoother. You can also protect specific assets or use a snazzy business name without the usual hassles.

Maybe you’re already working a business, but you’re unincorporated. An aged shelf company offers a nice way to slide right into the 

But here’s the catch: before you take the plunge, do some digging. Not all shelf companies are the same, so be sure to check for any hidden surprises. 

How to Find Aged Shelf Companies for Sale

Where to find aged shelf companies

State Secretary of State (SOS) offices typically maintain records of registered business entities, including corporations and LLCs. 

However, while you can find information about existing businesses and their registration status through the SOS office, you typically won’t find aged shelf companies specifically listed for sale in these government databases.

Aged shelf companies are usually sold by individuals or businesses in the private sector, often through business brokers, legal and financial services, online marketplaces, or other commercial channels. 

If you’re interested in purchasing an aged shelf company, you would typically need to search for listings or consult with professionals and businesses that specialize in providing aged shelf companies for sale. These sellers acquire and maintain shelf companies and then offer them for purchase to individuals and businesses seeking to expedite the startup or expansion of a new venture.

Finding aged shelf companies for sale can be relatively straightforward with the right approach. Here’s how to go about it.

Certainly, let’s break down how to use each channel to secure an aged shelf company, along with the pros and cons of each approach:

1. Online Business Brokers

Numerous online business broker websites specialize in selling aged shelf companies. These platforms list various aged corporations available for purchase, complete with details about their age, location, and price. You can search and filter listings to find the one that suits your needs.

  1. Visit reputable online business broker websites like Corporations Today Inc. or BSC & Associates.
  2. Seek out aged shelf companies that match your criteria.
  3. Review listings, including details on age, location, and price.
  4. Contact the broker to express your interest and inquire about the purchase process.

Pros:

  • Wide selection of shelf companies.
  • Detailed listings with essential information.
  • Broker assistance with the purchase process.
  • Potential for competitive pricing.

Cons:

  • Broker fees may apply, increasing the overall cost.
  • Limited opportunity for direct negotiations with the seller.

2. Legal & Financial Services

Some law firms and financial services companies offer aged shelf companies as part of their services. They can provide guidance on the purchase process, ensure legal compliance, and help with the transfer of ownership.

  1. Consult law firms or financial service providers like Companies Incorporated or AmeriLawyer that offer aged shelf companies.
  2. Discuss your specific needs and budget with the service provider.
  3. Review available shelf companies in their inventory.
  4. Work with the service provider to complete the purchase and transfer of ownership.

Pros:

  • Expert guidance on legal compliance.
  • Streamlined purchase process.
  • Assistance with ownership transfer.
  • May include additional services such as registered agent services.

Cons:

  • Costs may be higher due to bundled services.
  • Limited selection compared to online listings.

3. Business Directories

You can check business directories or databases for companies that offer shelf corporations. Look for contact information and inquire about their available inventory.

  1. Explore business directories or databases.
  2. Identify companies offering shelf corporations for sale.
  3. Contact the companies directly to inquire about available aged shelf companies.

Pros:

  • Direct access to potential sellers.
  • May find local options easily.
  • Direct communication with the seller.

Cons:

  • Limited information available in directories.
  • May require extensive outreach and research.
  • Limited selection compared to specialized platforms.

4. Networking

Connect with entrepreneurs, business consultants, or professionals in your industry who may have knowledge of or access to shelf companies for sale. They might provide valuable recommendations or leads.

  1. Network with entrepreneurs, business consultants, or industry professionals.
  2. Share your interest in acquiring a shelf company.
  3. Seek recommendations or referrals from your network.

Pros:

  • Personalized recommendations.
  • Potential for insider information.
  • Trustworthy referrals from known contacts.

Cons:

  • Networking may take time.
  • Reliance on others to provide leads.
  • Limited control over the selection process.

5. Online Marketplaces

Explore online marketplaces like eBay or Flippa, where sellers occasionally list aged shelf companies for sale. Be sure to conduct due diligence and verify the legitimacy of the seller and the company being offered.

  1. Search online marketplaces like eBay for aged shelf companies.
  2. Review listings, including seller ratings and descriptions.
  3. Contact the seller to discuss the purchase.

Pros:

  • Accessibility to a wide audience.
  • Opportunity to negotiate directly with the seller.
  • Transparency through ratings and reviews.

Cons:

  • Limited availability of shelf companies.
  • May encounter less reputable listings.
  • Need for thorough due diligence on sellers.

6. Legal Notices

Check local or national legal publications or government websites for any notices about companies being offered for sale – This might lead you to aged shelf companies available in your jurisdiction.

  1. Check local or national legal publications or government websites for notices about companies for sale.
  2. Contact the parties offering shelf companies.
  3. Inquire about the available options.

Pros:

  • Potential to find local opportunities.
  • Information often publicly available.

Cons:

  • Limited listings.
  • May not be actively updated.
  • Limited details in legal notices.

7. Industry Conferences & Events

Attend industry-specific conferences, trade shows, or business events. You may come across vendors or experts who offer aged shelf companies as part of their services.

  1. Attend relevant industry conferences, trade shows, or events.
  2. Network with vendors or experts in the field.
  3. Inquire about any aged shelf companies they may offer.

Pros:

  • Direct access to industry-specific opportunities.
  • Face-to-face interactions for building trust.

Cons:

  • Limited availability during specific events.
  • May not align with your timeline.

8. Business Associations

Join business associations or chambers of commerce related to your industry. Members often share information and resources, including opportunities to purchase shelf companies.

  1. Join industry-related business associations or chambers of commerce.
  2. Engage with fellow members and express your interest.
  3. Seek information or leads from association members.

Pros:

  • Networking within your industry.
  • Trustworthy referrals from association members.

Cons:

  • Reliance on the association’s network.
  • May require time for connections to develop.

9. Online Forums and Classifieds

Participate in online forums, classified ad websites, or social media groups like Reddit r/business where businesses are discussed, bought, and sold. Some individuals or companies may advertise aged shelf companies there.

  1. Participate in relevant online forums, classified ad websites, or social media groups.
  2. Engage with members and express your interest in purchasing a shelf company.
  3. Inquire about any listings or opportunities available.

Pros:

  • Direct access to potential sellers.
  • Informal and open communication channels.
  • Potential for unique opportunities.

Cons:

  • Limited oversight, requiring thorough due diligence.
  • May encounter less reputable listings.
  • Time-consuming to filter through various sources.

When searching for aged shelf companies, always exercise caution and conduct thorough due diligence.

How to Protect Yourself From a “Bad” Shelf Company

So, before you buy an aged shelf company, you want to make sure you’re not getting a lemon, right? 

WY SOS Business Search

Here’s what you should do:

  • Check the articles – Look at the company’s articles of incorporation or organization. Make sure they match up with what you want to do with the business.
  • Review financial records – If you can, get your hands on financial statements. You’ll want to know if the company’s in good financial shape – It should have no debt. 
  • Verify ownership transfer – Ensure the ownership transfer process is legit and filed with the authorities. Get clear documentation of the transfer signed by both parties.
  • Legal documents – Check if there are any undisclosed legal issues or obligations lurking in the company’s records. And make sure the registered agent and address are up-to-date.
  • Credit package – If applicable, review any credit packages associated with the shelf company to understand any existing credit lines or financing agreements.

By going through these documents, you’ll have a better idea of what you’re getting into and can avoid any nasty surprises down the road. Be sure to verify the authenticity of the seller, review all of the company’s history and records, and consult legal and financial experts to ensure a smooth and secure transaction.

FAQ

Why do shelf companies exist?

Shelf companies are like prepped-up businesses waiting for action. They exist for folks who want to skip the startup hassle and dive into business with a history.

Do shelf companies pay taxes?

Yup, they’re not tax-free. Shelf companies, like any other business, need to pay taxes based on their income and location (if they have no income, their tax obligation would likely be $0).

Can you register a business in a state where you don’t live?

Absolutely! You can register a business in a state where you’re not living. It’s common for folks to do this to tap into specific business advantages or markets. But, if you are active in your home state, the business may need to be registered there as well. 

Should you buy a shelf corporation?

Well, it depends on your needs. If you want a head start and a business with history, it’s an option. But, always do your homework and make sure it’s the right fit for your goals.

Final Thoughts

So, there you have it – the lowdown on aged shelf companies, from what they are to why you might want to buy one and how to protect yourself from any surprises. Whether you’re looking to kickstart a business with instant history or expand your current venture, aged shelf companies offer a unique shortcut. 

But remember, it’s all about doing your homework, verifying the details, and making sure it’s the right move for your entrepreneurial journey. Cheers to your future business success!

Want to learn how to get up to $100K in business credit? Join Business Workshop today.

Check out our Shelf Corp - Special Deal!
Check out our Shelf Corp - Special Deal!

See our discounted offer on an Aged Shelf Corp for sale (plus our best training included for free). Just click Add to Card below

Add to Cart
Lasso Brag

Low-Risk NAICS Codes +Best SIC Codes for Business Credit in 2025

By Joe

low risk naics codesbest sic codes for business credit

If you register your business in a high-risk industry, it can cause all sorts of problems down the road: 

  • Limited access to credit and funding
  • Higher insurance costs
  • Increased regulatory scrutiny
  • Difficulty attracting investments
  • Challenges building partnerships

No matter what industry you’re in, choosing the right North American Industry Classification System (NAICS) codes and Standard Industrial Classification (SIC) codes can make all the difference.

Tony Hsieh once said, “Chase the vision, not the money; the money will end up following you.” I love this. 

But, how exactly can you chase your vision and ensure the money follows in a high-risk industry, never able to break even with no access to funding (and paying out your ears in insurance)?  — That’s where understanding low-risk NAICS codes and best SIC codes for business credit comes into play.

So, grab a cup of coffee, get comfortable, and let’s explore low-risk NAICS codes and the best SIC codes for business credit. 

Here’s what’s in store: 

  • NAICS Codes vs. SIC Codes: A Comparison
  • Understanding NAICS Codes
  • Identifying High-Risk NAICS Codes
  • What Industries Get the Most Funding?
  • How to Choose the Best NAICS Codes for Funding
    • What NAICS Codes Get the Most Funding?
    • Exploring SIC Codes for Business Credit
  • Frequently Asked Questions
  • Final Thoughts

Now, let’s dive in! 

NAICS Codes vs. SIC Codes: A Comparison

Best NAICS codes for small business

Let’s take a look at the key differences between NAICS codes and SIC codes.

First, the structure and scope vary. NAICS codes get a bit more detailed with their five to six-digit codes — this provides a more specific breakdown of industries. On the other hand, SIC codes keep it simple with three to four-digit numbers, offering less granularity in industry categories.

Next, their adoption and age differ. NAICS codes are the cool kids on the block, introduced in 1997 as a modern and flexible system. They all but replaced the old-timer SIC codes from the 1930s. NAICS codes are widely used these days. Meanwhile, SIC codes are still kicking around in some older databases (and history books). 

Furthermore, there are compatibility differences. NAICS codes like to play nice with international standards — this makes it easier to compare and analyze industries worldwide. SIC codes, on the other hand, are more focused on the home turf, primarily used within the U.S., and not always a match with international systems.

Finally, industry coverage deviates between systems. NAICS codes have a wider embrace, covering a broader range of industries to keep up with the modern business landscape. SIC codes, bless their old souls, might not have codes for some of the newer industry segments. NAICS codes are the more with-it choice if you want a comprehensive classification system.

In sum, NAICS codes are a fresh, versatile system, perfect for keeping up with the times and playing well with others. However, if you’re dealing with older databases, SIC codes can still be useful.

Even though they have been replaced by NAICS, government agencies and some funding companies continue to use SIC codes to classify companies based on their business activity.

Note: unless you’re a contractor for the government, you’re not required to enter a NAICS code when you register your business. However, you will need it when you file your taxes with the IRS. 

You might also like: What’s the Best Payment Processor for a Small Business? Really

Understanding NAICS Codes

As previously mentioned, NAICS stands for the North American Industry Classification System. It was developed by the statistical agencies of the United States, Canada, and Mexico to classify businesses and industries. 

NAICS codes are used to collect and analyze statistical data, facilitate comparability of data across countries, and assign businesses to specific industry categories.

The NAICS system is hierarchical and organized into sectors, sub-sectors, industry groups, industries, and national industries. At the most detailed level, there are six-digit NAICS codes. As of my knowledge cutoff in September 2021, there are over 1,000 six-digit NAICS codes covering a wide range of industries and business activities.

To select the appropriate NAICS code for your business, consider the primary activities and functions of your company. Start by identifying the core aspects of your business and the industry in which it operates. Then, find the code that best aligns with your business activities. You should select a code that accurately describes the primary nature of your business operations.

When applying for business credit, lenders consider the level of risk associated with the industry in which the business operates. Low-risk NAICS codes are less prone to economic volatility and have historically demonstrated stability. Having a low-risk NAICS code can positively influence lenders’ perception of your business, potentially increasing your chances of obtaining credit or better loan terms.

Let’s look at some examples of low-risk NAICS codes for different industries:

  • Real estate: 
    • 531110 – Lessors of Residential Buildings and Dwellings
    • 531120 – Lessors of Nonresidential Buildings (except mini warehouses)
    • 531190 – Lessors of Other Real Estate Property
  • Online retail:
    • 454110 – Electronic Shopping and Mail-Order Houses
    • 454210 – Vending Machine Operators
    • 454310 – Fuel Dealers
  • Consulting:
    • 541611 – Administrative Management and General Management Consulting Services
    • 541612 – Human Resources Consulting Services
    • 541618 – Other Management Consulting Services

For business credit purposes, I generally recommend new businesses choose an appropriate category that is very “general” (i.e. “business management”).

For comparison purposes, let’s peek at high-risk NAICS codes. 

Identifying High-Risk NAICS Codes

Certain NAICS codes are considered “high risk” due to various factors that impact business stability and profitability. 

Economic volatility, regulatory challenges, technological disruption, and environmental or safety hazards can contribute to the risk of certain NAICS codes. 

Now, here are some examples of NAICS codes that can be considered high-risk: 

  • Construction and Extraction:
    • 238910 – Site Preparation Contractors
    • 213112 – Support Activities for Oil and Gas Operations
    • 238990 – All Other Specialty Trade Contractors
  • Accommodation and Food Services:
    • 721110 – Hotels (except Casino Hotels) and Motels
    • 722310 – Food Service Contractors
    • 722511 – Full-Service Restaurants

Please note that the classification of high-risk NAICS codes can vary based on economic conditions and industry-specific circumstances. It is important to thoroughly research and analyze to assess the risk level of a particular industry and understand the potential challenges associated with specific codes.

Next, learn how choosing the right codes can impact your potential business funding.

Recommended: This is How to Leverage Business Credit to Transform Your Life 

What Industries Get the Most Funding? 

Low risk industries list

The industries that get the most funding seem to vary greatly based on the type of funding. 

For example, Kingscrowd — a sort of crowdfunding platform where venture capitalists and businesses can connect for investment opportunities — reported their top five industries for funding in 2020 as the following: 

  1. Alcohol, tobacco, and recreational drugs
  2. Food, beverage, and restaurants
  3. Consumer products, goods, and services
  4. Media, entertainment, and publishing
  5. Transportation, automotive, aviation, and aerospace

Meanwhile, WestTown Bank & Trust compiled an SBA financing report that same year, in which the highest volume industries were: 

  1. Full-service restaurants 
  2. Limited-service restaurants
  3. Offices and dentists
  4. General freight trucking
  5. Hotels and motels

Note that this list is based on the number of loans obtained, not funding amounts. 

Now, the SBA doesn’t allow some businesses to apply for funding through their programs — These include certain real estate investment firms, dealers of rare coins and stamps, banks and insurance companies, pyramid sales plans, businesses involved in illegal activities or gambling as the principal focus, non-profits, government-owned corporations, consumer and marketing cooperatives, and churches and organizations with religious objectives.

While some real estate investment firms can’t get SBA funding, $270 billion in SBA funds were allocated to commercial real estate in 2020. So, a lot of money is also poured into real estate. 

And, Crunchbase reported the six industries with the highest growth potential in 2020 in a completely separate arena than other sources: 

  1. Med/biotech
  2. Payments
  3. Cybersecurity
  4. Telehealth
  5. Remote meeting/collaboration
  6. Edtech

The answer to which industries get the most funding varies greatly, so it’s hard to say exactly. Generally, you need to look to the funding source for more information. 

Now, let’s look at how NAICS codes can affect business funding odds. 

How to Choose the Best NAICS Codes for Funding

Selecting the right NAICS codes can improve your chances of securing funding. 

First, many funding programs, grants, and loans are specifically designed for businesses in certain industries or sectors. By correctly identifying your NAICS code, you can narrow down your search for funding opportunities that are tailored to your industry, increasing your chance to find relevant funding sources.

Next, funding programs often have specific eligibility criteria based on NAICS codes. Certain programs may prioritize or exclusively support businesses in particular industries. By accurately aligning your NAICS code with your business activities, you ensure that you meet the eligibility requirements for relevant funding programs.

Furthermore, funding institutions or investors may prefer to support businesses within industries they are familiar with or have expertise in. By selecting the right NAICS code, you can better attract the attention of funders who specialize in or have a keen interest in your industry, potentially increasing their confidence in your business and improving your chances of securing funding.

Funding opportunities can vary depending on numerous factors, including economic conditions and specific funding initiatives. 

Here are a couple of examples of NAICS codes that have historically shown higher funding potential or are commonly associated with industries that receive funding support:

  • Information Technology:
    • 541511 – Custom Computer Programming Services
    • 541512 – Computer Systems Design Services
    • 518210 – Data Processing, Hosting, and Related Services
  • Healthcare and Biotechnology:
    • 621111 – Offices of Physicians
    • 621610 – Home Healthcare Services
    • 325414 – Biological Product (except Diagnostic) Manufacturing

Keep in mind that funding opportunities are subject to change. You need to conduct thorough research to identify specific funding programs, grants, or loans that are available for your industry and business needs. 

What NAICS Codes Get the Most Funding? 

According to the U.S. Department of Treasury’s Guide for Small, Minority-Owned, and Women-Owned Businesses, these are some of the NAICS codes that receive significant funding:

  • 541519 – Other Computer Related Services
  • 541512 – Computer Systems Design Services
  • 322121 – Paper (Except Newsprint) Mills
  • 517110 – Wired Telecommunications Carriers
  • 511210 – Software Publishers
  • 334111 – Electronic Computer Manufacturing
  • 541611 – Administrative Management and General Management Consulting Services
  • 541511 – Custom Computer Programming Services
  • 561720 – Janitorial Services
  • 561210 – Facilities Support Services

These NAICS codes represent industries that the Department of Treasury procures products and services from, and where a considerable amount of resources are spent. Small, minority-owned, and women-owned businesses are encouraged to market their capabilities within these industry codes to Treasury.

Let’s not forget to look at SIC codes — many lenders still rely on them. 

Exploring SIC Codes for Business Credit

SIC codes, or Standard Industrial Classification codes, were primarily used before NAICS codes to classify businesses based on their industry and activities. The US government developed them to collect, analyze, and compare data across industries.

SIC codes were last updated in 1987 and can provide insights into a business’s operations, industry risks, and historical performance (yes, even today) — These are all relevant factors to assess creditworthiness.

As with NAICS codes, to choose the best SIC code for your business, you should always do your research. Consider the primary activities and functions of your business and select an SIC code that accurately represents the industry in which your business operates. 

The best SIC code is the one that aligns closely with your business activities and industry classification and is considered low-risk by the lender you’re targeting.

With that said, here are a few SIC codes that are generally considered to have lower-risk profiles:

  • Real estate:
    • SIC 6512 – Operators of Nonresidential Buildings
    • SIC 6531 – Real Estate Agents and Managers
  • Online retail:
    • SIC 5961 – Catalog and Mail-Order Houses
    • SIC 5941 – Sporting Goods Stores
  • General business: 
    • SIC 8741 – Management Services

Of course, these examples are not exhaustive, and the relevance of specific SIC codes for obtaining business credit can depend on various factors, including the lender’s assessment criteria and industry-specific considerations. 

It’s a good idea to consult with lenders and business credit consultants to identify the most appropriate SIC codes for your business and to understand the requirements for funding. 

Recommended: Here’s How to [Actually] Get Business Credit With Just an EIN +More Options 

Frequently Asked Questions

How many NAICS codes should I use?

The number of NAICS codes you should use depends on your analysis needs. Consider factors like specificity, focus, and resource constraints. There is no fixed number; choose based on your objectives and available resources.

How might NAICS codes be most helpful?

NAICS codes are helpful for industry classification, market research, data analysis, business planning, government analysis, and business credit/funding.

What is the SIC code for financing?

The Standard Industrial Classification (SIC) code for financing is 6199.

What is the best NAICS code for a holding company?

The most suitable NAICS code for a holding company would be 551112 – Offices of Other Holding Companies.

Final Thoughts

Understanding NAICS codes and leveraging SIC codes can help you take actionable steps to secure funding and credit for your business. Identify high-risk industries, choose the best codes for funding, and stay updated on changes in coding systems. By using these codes effectively, you can unlock the doors to financial success for your business.

Want to learn how to obtain up to $100K in business credit in as few as 30 days? Join Business Credit Workshop today.

Business Credit Blog

· Recommended Resources
· Using 30 Day Net Vendors to Build Your Business Credit Score
· How to Create a Business Credit “Entity” – Tutorial

Recent Posts

  • I got $25K from a Credit Union No One Talks About
  • Hot Seat – Application Received
  • How I Built Business Credit in 30 Days | Step-by-Step Guide
  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • YouTube

· Sign Up for Business Credit Workshop Online!
· Login – Business Credit Workshop Online
· Forgot Password?
· Latest Posts
· Affiliates

Copyright © 2025 · All Rights Reserved · Privacy Policy · Terms · About · Contact Us

  • Home
  • Free Funding Guide
  • What We Offer
    • Products
    • Services
    • Free Guide
    • Back
  • About Us
  • Contact
  • Sign Up