NAICS 8-Digit Codes for "loans;"

Construction loans are a type of real estate credit that is specifically designed to finance the construction of a new building or the renovation of an existing one. This type of loan is typically used by builders, developers, and individuals who are looking to construct or renovate a property for personal or commercial use. Construction loans are different from traditional mortgage loans in that …

The Loans-Automobile industry, a subdivision of Consumer Lending, involves the provision of loans to individuals or businesses for the purpose of purchasing automobiles. This industry is responsible for providing financial assistance to those who are unable to pay for a vehicle upfront. Loans-Automobile companies offer a range of loan options, including secured and unsecured loans, with varying …

Loans are a financial service provided by lending institutions to individuals or businesses in need of funds. The loan amount is typically repaid over a set period of time with interest. Loans can be secured or unsecured, meaning they may or may not require collateral. The lending institution will assess the borrower's creditworthiness and ability to repay the loan before approving the loan …

The Housing-Loans & Development industry involves the provision of loans for the purchase, construction, or renovation of residential properties, as well as the development of new residential properties. This industry is responsible for providing individuals and families with the necessary financing to purchase or build their own homes. Housing loans can be provided by banks, credit unions, and …

Title loans are a type of consumer lending that involves using a vehicle title as collateral for a short-term loan. This means that the borrower must own a vehicle outright and provide the lender with the title in exchange for a loan. The loan amount is typically a percentage of the vehicle's value and the borrower must repay the loan within a specified period of time, usually 30 days. If the …

Payday loans are a type of short-term, high-interest loan that is typically used by individuals who need quick access to cash. These loans are usually for small amounts, ranging from a few hundred to a few thousand dollars, and are meant to be repaid within a few weeks or months. Payday loans are often used by people who have poor credit or who are unable to obtain credit through traditional …

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 …

Real Estate Loans is a subdivision of the Real Estate Credit industry that involves the lending of money to individuals or businesses for the purpose of purchasing or refinancing real estate properties. This industry includes a range of loan types, such as residential mortgages, commercial mortgages, and land loans. Real Estate Loans are typically secured by the property being purchased or …

The City Govt-Adm Of Fed Credit Agencies industry is a subdivision of the International, Secondary Market, and All Other Nondepository Credit Intermediation industry. This industry involves the administration of credit agencies by city governments and federal agencies. These credit agencies provide loans and other financial services to individuals and businesses. The City Govt-Adm Of Fed Credit …

Loan brokerage is a type of financial service that involves acting as an intermediary between borrowers and lenders. Loan brokers assist individuals and businesses in obtaining loans by matching them with suitable lenders. They provide advice on loan options, interest rates, and repayment terms, and help borrowers navigate the loan application process. Loan brokerage can include both mortgage and …

Federal/Federally Sponsored Credit Agncs is a subdivision of the NAICS Code 522299 that involves credit intermediation activities. These agencies are responsible for providing credit to various sectors of the economy, including agriculture, housing, and small businesses. They are either federal agencies or sponsored by the federal government, and their primary objective is to promote economic …

Federally Chartered Credit Unions are financial institutions that are chartered and regulated by the National Credit Union Administration (NCUA) and operate under the authority of the Federal Credit Union Act. These credit unions are not-for-profit organizations that provide financial services to their members, who are also their owners. Federally Chartered Credit Unions offer a range of …

Financing-Automobile is a subdivision of the Consumer Lending industry that specializes in providing loans to individuals or businesses for the purpose of purchasing automobiles. This industry involves a range of financial services related to automobile financing, including loan origination, underwriting, and servicing. Financing-Automobile companies work with borrowers to determine the …

Savings & Loan Associations are financial institutions that specialize in accepting deposits and making loans, particularly for mortgages. They are also known as thrift institutions and are typically smaller than commercial banks. These associations are owned by their depositors and are regulated by the Office of the Comptroller of the Currency (OCC) or state banking authorities. Savings & Loan …

Financing-Business is a subdivision of the Sales Financing industry that provides loans and other financial services to businesses. This industry involves providing funds to businesses for various purposes such as expansion, inventory management, and equipment purchases. Financing-Business companies work with businesses of all sizes, from small startups to large corporations, and offer a range of …

Automobile Title Loans is a type of sales financing that involves lending money to individuals who use their vehicle as collateral. This industry provides short-term loans to borrowers who are in need of immediate cash and are willing to use their car as security. The loan amount is typically based on the value of the vehicle and the borrower's ability to repay the loan. Automobile Title Loans …

Commercial Banks NEC (Not Elsewhere Classified) is a subdivision of the Commercial Banking industry that includes banks that do not fit into any other category of commercial banks. These banks offer a range of financial services to individuals, businesses, and other organizations. Commercial Banks NEC may specialize in certain types of loans or services, such as agricultural loans or …

Credit Unions are financial cooperatives that are owned and controlled by their members. They offer a range of financial services, including savings accounts, checking accounts, loans, and credit cards. Credit Unions are not-for-profit organizations, which means that any profits they make are returned to their members in the form of lower fees, better interest rates, and improved services. Credit …

Thrift & Loan Companies are financial institutions that specialize in accepting deposits and making loans, primarily for mortgages and other real estate-related purposes. These companies are often smaller than traditional banks and credit unions, and they typically focus on serving a specific geographic area or community. Thrift & Loan Companies are regulated by state and federal agencies, and …

Loans-Agricultural is a subdivision of the NAICS Code 522299 that involves providing credit intermediation services to farmers, ranchers, and other agricultural businesses. This industry provides loans for various agricultural purposes such as purchasing equipment, livestock, and seeds, as well as financing land purchases and operating expenses. Loans-Agricultural is an essential industry that …

Remodeling Loans is a subdivision of the Mortgage and Nonmortgage Loan Brokers industry that specializes in providing financing for home renovation projects. This industry involves facilitating loans for homeowners who are looking to remodel their homes, whether it be for aesthetic purposes or to improve functionality. Remodeling Loans can be used for a variety of projects, such as kitchen and …

Debt Buyers is a subdivision of the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry. This industry involves the purchasing of debt from creditors or other debt owners at a discounted price and then attempting to collect the full amount owed from the debtor. Debt Buyers can be individuals or companies that specialize in purchasing debt from a range of industries …

Loans-Personal is a subdivision of the Consumer Lending industry that involves the lending of money to individuals for personal use. This type of loan is typically unsecured, meaning that it does not require collateral, and is based on the borrower's creditworthiness. Personal loans can be used for a variety of purposes, such as debt consolidation, home improvements, medical expenses, or …

Savings Institutions-Except Federal is a subdivision of the NAICS Code 522180 that includes companies that accept deposits and provide loans and other credit intermediation services. These institutions are typically smaller than commercial banks and are often community-based. They are also known as savings and loan associations or mutual savings banks. Savings Institutions-Except Federal offer a …

The State Govt-Adm Of Fed Credit Agencies industry involves the administration of credit agencies by state governments on behalf of the federal government. These agencies provide credit to individuals and businesses that may not qualify for traditional bank loans. The state government acts as an intermediary between the borrower and the federal government, ensuring that loans are distributed …

Functions Related To Deposit Banking is a subdivision of the Other Activities Related to Credit Intermediation industry. This industry involves providing various services related to deposit banking, such as accepting deposits, providing loans, and offering other financial services to individuals and businesses. Companies in this industry may also offer services such as ATM access, online banking, …

Banks are financial institutions that provide a range of services to individuals, businesses, and governments. The primary function of banks is to accept deposits from customers and use those funds to make loans, which generates interest income for the bank. Banks also offer a variety of other financial services, such as checking and savings accounts, credit cards, mortgages, and investment …

State Commercial Banks are financial institutions that are chartered by a state government to provide banking services to individuals, businesses, and government entities within the state. These banks are regulated by state banking authorities and are subject to state laws and regulations. State Commercial Banks offer a range of financial products and services, including checking and savings …

Credit Unions Not Federally Chartered are financial institutions that are owned and controlled by their members. These credit unions are not regulated by the federal government, but instead are regulated by state laws. They offer a range of financial services to their members, including savings accounts, checking accounts, loans, and credit cards. Credit Unions Not Federally Chartered are …

Savings & Loan Assns-Representatives is a subdivision of the NAICS Code 522180 that involves companies that act as agents or brokers for savings and loan associations. These representatives facilitate the process of obtaining loans and other financial services from savings and loan associations for their clients. They provide advice and guidance to clients on the best savings and loan products …

Savings Plans is a subdivision of the NAICS Code 522180 that involves institutions that offer savings plans to individuals and businesses. These plans are designed to help people save money for future expenses or investments. Savings plans can come in many forms, such as individual retirement accounts (IRAs), 401(k) plans, and college savings plans. The institutions that offer these plans may …

Financing is a type of industry that involves providing funds or capital to individuals or businesses for various purposes. This industry is responsible for managing and investing money to help people achieve their financial goals. Financing can be provided in various forms such as loans, credit, and investments. The financing industry is an essential part of the economy as it helps individuals …

Mobile Homes-Financing is a subdivision of the Consumer Lending industry that specializes in providing financing options for mobile homes. This industry involves the lending of money to individuals or businesses for the purchase of mobile homes, which are typically prefabricated structures that can be transported to different locations. Mobile Homes-Financing companies offer a range of loan …

Boat financing is a subdivision of the consumer lending industry that specifically deals with providing loans to individuals or businesses for the purchase of boats or other watercraft. This industry involves assessing the creditworthiness of potential borrowers and determining the appropriate loan amount and interest rate based on factors such as income, credit history, and the value of the boat …

Mortgage Amortization Schedules is a subdivision of the Real Estate Credit industry that involves the creation and management of schedules that outline the repayment of mortgage loans. These schedules are used to calculate the amount of each payment, the portion of each payment that goes towards interest and principal, and the remaining balance of the loan after each payment. Mortgage …

Church financing is a specialized type of nondepository credit intermediation that involves providing financial services to churches and other religious organizations. This industry is focused on helping religious institutions obtain the necessary funding to support their operations, expand their facilities, and carry out their missions. Church financing can take many forms, including loans, …

Misc Business Credit Institutions is a subdivision of the NAICS Code 522299 that includes companies that provide credit intermediation services, but are not classified as depository institutions. These institutions primarily lend funds raised from credit markets, rather than from deposits. They offer a range of credit services to businesses, including loans, lines of credit, and credit card …

Pawnbrokers are businesses that offer loans to individuals in exchange for personal property as collateral. The pawnbroker assesses the value of the item and offers a loan amount based on a percentage of that value. The borrower then has a set amount of time to repay the loan plus interest, or forfeit the item to the pawnbroker. Pawnbrokers also buy and sell items, often specializing in jewelry, …

Pawn Tickets-Bought is a subdivision of the NAICS Code 522299 that involves the business activity of purchasing pawn tickets from individuals or businesses. Pawn tickets are receipts given to customers who have pawned an item at a pawn shop. The purchase of these tickets allows the buyer to take ownership of the pawned item if the original owner does not redeem it within a certain period of time. …

The Credit Card & Other Credit Plans industry involves companies that provide credit card services and other forms of credit plans to consumers and businesses. These companies offer credit to customers for purchases and services, and charge interest on the outstanding balance. The industry also includes companies that provide other types of credit plans, such as installment loans and revolving …

Insurance-Bonds is a subdivision of the Direct Property and Casualty Insurance Carriers industry that specializes in providing insurance coverage for bonds. Bonds are a type of investment where an investor loans money to a company or government entity for a set period of time at a fixed interest rate. Insurance-Bonds provides coverage to investors in case the issuer of the bond defaults on the …

Collateral Certification & Supervision is a specialized industry that provides services to financial institutions and lenders. This industry involves the verification and monitoring of collateral assets that are pledged as security for loans. The primary objective of this industry is to ensure that the collateral assets are valid, properly valued, and adequately insured. Collateral Certification …

Credit Rating Correction Service is an industry that specializes in helping individuals and businesses improve their credit scores. This service involves analyzing credit reports, identifying errors or inaccuracies, and working with credit bureaus to correct them. The goal of a Credit Rating Correction Service is to help clients achieve a better credit score, which can lead to better interest …

State Government-Veterans Affairs Admin is an industry that involves the administration of programs and services for veterans by state governments. This industry is responsible for providing assistance to veterans and their families in accessing benefits and services such as healthcare, education, employment, and housing. State Government-Veterans Affairs Admin also works to ensure that veterans …