NAICS 561440
What is the NAICS code 561440?
The NAICS code 561440 is applied to those industries related to Collection Agencies.
This industry comprises establishments primarily engaged in collecting payments for claims and remitting payments collected to their clients.
Illustrative examples:
- Account or delinquent account collection services
- Tax collection services on a contract or fee basis
- Bill or debt collection services
Therefore, all companies engaged in any industrial activity related to this type of business are grouped under category 561440 in the North American Industry Classification System.
This industrial activity of NAICS code is structured as follows:
- 56 - Administrative and Support and Waste Management and Remediation Services
- 561 - Administrative and Support Services
- 5614 - Business Support Services
- 56144 - Collection Agencies
- 561440 - Collection Agencies
Characteristics of the North American Industry Classification System code 561440
NAFTA
This code is only used in the North American Industry Classification System (NAICS). It´s to say, it is not used in the North American Free Trade Agreement (NAFTA): United States, Canada, and Mexico.
Related codes
The NAICS industry 561440 has the following cross-references:
- Providing financing to others by factoring accounts receivables (i.e., assuming the risk of collection and credit losses) are classified in U.S. Industry 522299, International, Secondary Market, and All Other Nondepository Credit Intermediation.
- Providing legal services for debt collection by offices of lawyers are classified in Industry 541110, Offices of Lawyers.
- Repossessing tangible assets are classified in U.S. Industry 561491, Repossession Services.
Related activities
Below are some of the most common types of activities in the Collection Agencies industry (NAICS Code 561440):
- Account collection services
- Adjustment agencies (except insurance)
- Bill collection services
- Collection agencies, accounts
- Collection agencies
- Credit arrears collection services
- Debt collection services
- Delinquent account collection services
- Tax collection services on a contract or fee basis
