Powered by LevrNAICS 561110: Office administrative services
NAICS 561110 is the industry code for office administrative services. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 561110 covers
These firms provide a range of day to day office administration for others, such as office management, billing and recordkeeping, personnel and logistics support, combined in one service. Medical office management and practice management firms commonly fit here.
Included in this code
- Office management services
- Medical practice management
- Business administrative support bundles
- Billing and recordkeeping support combined
- Back office outsourcing
Not this code
- Facilities support services: see 561210 Facilities support services
- Bookkeeping and payroll services: see 541219 Other accounting services
- Medical billing alone: see 561499 All other business support services
Businesses that use 561110
Financing for this trade
These service firms use lines of credit and factoring against client receivables, and SBA 7(a) loans to acquire client books or fund growth. Lenders look at contract length, client concentration and how fees are collected.
Apply for funding with AIIs 561110 the right code for an office administrative services company?
Yes, if you provide a bundle of administrative services such as office management, billing, personnel and recordkeeping for clients. Medical practice management firms are typical. If you only do bookkeeping, use 541219. If you also handle building operations and maintenance, use 561210.
What is the SBA size standard for 561110?
SBA sets the size standard for 561110 at $12.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Office administrative service firms at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent office administrative service firms fall well inside the limit, so size is rarely what decides an SBA application.
How do administrative service firms finance growth?
Common tools are a business line of credit, invoice factoring for clients on terms, and SBA 7(a) loans to hire or buy another firm's contracts. Lenders look at multi year client contracts, revenue concentration and receivables aging. Owner credit matters too, since the business holds little collateral.
What does NAICS 561110 cover?
Office administrative services. Industry level code in NAICS 2022, under 56 Administrative and support and waste management and remediation services, 561 Administrative and support services, 5611 Office administrative services, 56111 Office administrative services.
What financing do NAICS 561110 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for professional services businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 561110?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.