NAICS 561491: Repossession Services
This U.S. industry comprises establishments primarily engaged in repossessing tangible assets (e.g., automobiles, boats, equipment, planes, furniture, appliances) for the creditor as a result of delinquent debts. Cross-References. Establishments primarily engaged in--Show more
NAICS 561491 – Repossession Services encompasses the specialized contractual activities involved in the lawful recovery and handling of collateralized assets, typically vehicles, equipment, or other property, after default on a loan or lease agreement. This sector supports government entities that manage or guarantee secured loans, such as those issued through federal lending programs or military housing initiatives.
Industry Spending Overview
Federal obligations, top contractors and agencies, and related industry codes for NAICS 561491.
AI Industry Description
NAICS 561491 – Repossession Services encompasses the specialized contractual activities involved in the lawful recovery and handling of collateralized assets, typically vehicles, equipment, or other property, after default on a loan or lease agreement. This sector supports government entities that m...
NAICS 561491 – Repossession Services encompasses the specialized contractual activities involved in the lawful recovery and handling of collateralized assets, typically vehicles, equipment, or other property, after default on a loan or lease agreement. This sector supports government entities that manage or guarantee secured loans, such as those issued through federal lending programs or military housing initiatives. Repossession services require strict adherence to state and federal legal frameworks, including notice requirements, chain-of-custody protocols, and transportation compliance. These services are often procured under task orders or blanket purchase agreements and may include asset storage, appraisal, auction coordination, and documentation management. While not a high-profile procurement category, it plays a critical administrative and financial integrity role in federal asset recovery operations. No contractor data is available to identify leading firms in this NAICS code. The competitive landscape likely includes small businesses and niche service providers with expertise in asset recovery, logistics, and regulatory compliance, though no large primes are currently visible in government award records. No agency data is available to identify primary buyers. However, demand may originate from agencies managing federally guaranteed loan programs, such as the Department of Agriculture’s Rural Development programs, the Department of Veterans Affairs, or the General Services Administration, particularly where vehicle or equipment financing is involved. The market for repossession services is highly fragmented and opportunity-dense at the local and regional level, with procurement often occurring through micro-purchases or simplified acquisition procedures. Contractors with certified compliance systems, secure transportation capabilities, and experience in federal asset disposition processes are best positioned to compete. Demand is steady but low-volume, driven by programmatic obligations rather than large-scale initiatives.
Small Business Size Standard
The SBA threshold that decides who can bid NAICS 561491 work as a small business.
The SBA cap for this NAICS (13 CFR 121.201). A business at or under it can self-certify as small for work in this code, which is what makes it eligible for a small-business set-aside. The cap is set per NAICS, so the same company can be small in one code and not in another.
13 CFR 121.201, effective January 1, 2026. The SBA revises the table roughly once a year.
Top Contractors
Companies with the highest total award value under NAICS 561491, ranked by dollars won.
| Company | Total Awards | Contracts |
|---|---|---|
| MISCELLANEOUS FOREIGN AWARDEES | $16K | 1 |
Top Agencies
Federal agencies directing the most contract spending toward NAICS 561491.
Competition
How many companies historically bid on federal awards in NAICS 561491, from bidder counts reported on USAspending.
Half or more of reported awards drew exactly one bidder, usually a sign of incumbent-held work rather than an open field. · 53 reported awards
Median Bidders
1
Per reported award, all-time
Single-Bid Awards
58%
Share of reported awards with one bidder
10+ Bidder Awards
2%
Share of reported awards with 10+ bidders
Reported Awards
53
85% of 62 total awards
Share of reported awards in each bidder-count bracket per federal fiscal year.
How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.
| Industry Family | Competition | Median Bidders | Single-Bid | Bidder Mix | Reported Awards |
|---|---|---|---|---|---|
561491This Code Repossession Services | Usually Single-Bid | 1 | 58% | 5385% of 62 | |
56149NAICS Industry | Usually Single-Bid | 1 | 56% | 79,95285% of 93,567 | |
5614Industry Group Business Support Services | Usually Single-Bid | 1 | 57% | 106,43386% of 123,883 | |
561Subsector | Fewer Bidders | 2 | 48% | 847,72079% of 1,066,351 | |
56Sector Administrative and Support and Waste Management and Remediation Services | Fewer Bidders | 2 | 45% | 1,121,39177% of 1,461,546 |
Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.
Related NAICS Codes
Industries similar to Repossession Services, by shared sector, subsector, and industry group.
Document Preparation Services
This industry comprises establishments primarily engaged in one or more of the following: (1) letter...Telephone Answering Services
This U.S. industry comprises establishments primarily engaged in answering telephone calls and relay...Telemarketing Bureaus and Other Contact Centers
This U.S. industry comprises establishments primarily engaged in operating call centers that initiat...Private Mail Centers
This U.S. industry comprises (1) establishments primarily engaged in providing mailbox rental and ot...Other Business Service Centers (including Copy Shops)
This U.S. industry comprises (1) establishments generally known as copy centers or shops primarily e...Collection Agencies
This industry comprises establishments primarily engaged in collecting payments for claims and remit...Credit Bureaus
This industry comprises establishments primarily engaged in compiling information, such as credit an...Court Reporting and Stenotype Services
This U.S. industry comprises establishments primarily engaged in providing verbatim reporting and st...Explore contracts across multiple NAICS codes Browse all NAICS Codes
Frequently Asked Questions
Recently Posted in Repossession Services
Win Contracts in Repossession Services
Get AI-powered intelligence on NAICS 561491 procurement
Real-time contract opportunities for NAICS 561491 (Repossession Services)
AI-powered matching based on your business capabilities and past performance
Competitive analysis of contractors winning awards in this industry
Automated alerts when new opportunities are posted
Join 750+ contractors already using CLEATUS