NAICS Code 522291-07 - Loans-Alternative

Marketing Level - NAICS 8-Digit

Business Lists and Databases Available for Marketing and Research

Total Verified Companies: 17
Contact Emails: 37
Company Websites: 13
Phone Numbers: 16
Business Addresses: 17
Companies with Email: 13
Get Business List
NAICS CODE 522291-07
Reach new customers, connect with decision makers, and grow your business.
Pricing from $0.05 to $0.25 per lead
Ideal for: Direct Mailing Email Campaigns Calling Market Research ‐ Free Sample & Report, Custom Lists, and Expert Support — All Included
Looking for more companies? See NAICS 522291 - Consumer Lending - 24,023 companies, 88,717 emails.

NAICS Code 522291-07 Description (8-Digit)

Loans-Alternative is a subdivision of the Consumer Lending industry that provides non-traditional lending options to individuals and businesses who may not qualify for traditional bank loans. This industry involves providing loans with higher interest rates and less strict requirements than traditional loans. Loans-Alternative companies often specialize in providing loans to individuals with poor credit scores, small businesses, or startups.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 522291 page

Tools

Tools commonly used in the Loans-Alternative industry for day-to-day tasks and operations.

  • Peer-to-peer lending platforms
  • Online loan marketplaces
  • Credit scoring software
  • Loan management software
  • Payment processing software
  • Debt collection software
  • Risk management software
  • Loan origination software
  • Customer relationship management software
  • Automated underwriting software

Industry Examples of Loans-Alternative

Common products and services typical of NAICS Code 522291-07, illustrating the main business activities and contributions to the market.

  • Merchant cash advances
  • Invoice factoring
  • Equipment financing
  • Crowdfunding loans
  • Revenue-based financing
  • Microloans
  • Asset-based loans
  • Bridge loans
  • Installment loans
  • Real estate crowdfunding

History

A concise historical narrative of NAICS Code 522291-07 covering global milestones and recent developments within the United States.

  • The "Loans-Alternative" industry has a long history dating back to ancient times when moneylenders provided loans to individuals. In the modern era, the industry has seen significant growth and development. In the 1970s, pawnshops and payday lenders emerged as alternative lending options. In the 1990s, peer-to-peer lending platforms were introduced, and in the early 2000s, crowdfunding platforms began to offer alternative financing options. In recent years, the industry has continued to evolve with the emergence of blockchain-based lending platforms and the increasing popularity of mobile lending apps. In the United States, the "Loans-Alternative" industry has experienced significant growth in recent years. The 2008 financial crisis led to a tightening of traditional lending standards, which created a gap in the market for alternative lending options. The industry has since grown rapidly, with the emergence of online lending platforms, such as LendingClub and Prosper, and the increasing popularity of mobile lending apps, such as Earnin and Dave. The industry has also seen increased regulation, with the Consumer Financial Protection Bureau (CFPB) implementing rules to protect consumers from predatory lending practices.