SIC Code 7389-98 - Repossessing Service
Marketing Level - SIC 6-DigitUse Data For:
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SIC Code 7389-98 Description (6-Digit)
Repossessing Service is an industry that specializes in recovering assets that have been financed or leased and are no longer being paid for by the borrower. This industry involves locating and taking possession of the asset, which can range from vehicles to equipment to real estate. Repossessing Service companies work with financial institutions, leasing companies, and other creditors to recover the assets and return them to the rightful owner or sell them to recoup the outstanding debt.
Hierarchy Navigation for SIC 6-Digit Code 7389-98
Parent Code (less specific)
Tools
- Tow trucks
- Lock picking tools
- GPS tracking devices
- Bolt cutters
- Wheel lifts
- Jumper cables
- Winches
- Flashlights
- Handcuffs
- Digital cameras
- Laptops
- Cell phones
- Binoculars
- Pry bars
- Air compressors
- Battery chargers
- Diagnostic tools
- Safety cones
- Reflective vests
- Hand tools (screwdrivers, pliers, wrenches)
Industry Examples of Repossessing Service
- Vehicle repossession
- Equipment repossession
- Real estate repossession
- Boat repossession
- Aircraft repossession
- Motorcycle repossession
- RV repossession
- Trailer repossession
- Furniture repossession
- Art repossession
SIC Code 7389-98 - Repossessing Service
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