2022 Edition

national industry 522220

Sales Financing

Overview

This industry comprises establishments primarily engaged in sales financing or sales financing in combination with leasing. Sales financing establishments are primarily engaged in lending money for the purpose of providing collateralized goods through a contractual installment sales agreement, either directly from or through arrangements with dealers.

The immediate parent of national industry 522220 is international industry 52222: Sales Financing

2022 NAICS Edition Cross References

  • Establishments not engaged in sales financing, but primarily engaged in providing leases for equipment and other assets are classified in Subsector 532, Rental and Leasing Services.

Sub-Descriptions

  1. 522220 - Automobile finance leasing companies
  2. 522220 - Automobile financing
  3. 522220 - Commercial and inventory financing (except international trade financing)
  4. 522220 - Equipment finance leasing
  5. 522220 - Financing, sales
  6. 522220 - Installment sales financing
  7. 522220 - Insurance premium financing
  8. 522220 - Leasing in combination with sales financing
  9. 522220 - Machinery finance leasing
  10. 522220 - Sales financing
  11. 522220 - Truck finance leasing

History

The NAICS editions in which this code was present are indicated below. In the event that a code was changed from the prior edition the equivalent value in that edition is provided for reference.

Edition Existed Equivalent Value
2002 522220
2007 522220
2012 522220
2017 522220
2022 522220

Standard Industrial Classification (SIC) Mappings

  1. 6141 - Personal Credit Institutions
  2. 6153 - Short-Term Business Credit Institutions, Except Agricultural
  3. 6159 - Miscellaneous business Credit Institutions

Insurance Industry Mappings

The US Property and Casualty Insurance Industry may use the following classification descriptions which might encompass national industry 522220, Sales Financing:

  1. credit intermediation and related activity
  2. finance and insurance
  3. finance company
  4. finance company miscellaneous personal credit institution
  5. miscellaneous business credit institution
  6. miscellaneous personal credit institution finance company
  7. nondepository credit intermediation
  8. personal credit institution
  9. personal credit institution miscellaneous finance company
  10. sale financing
  11. sale financing naic
  12. short term business credit institution except agricultural

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