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NAICS 561492, industry

NAICS 561492: Court reporting and stenotype services

NAICS 561492 is the industry code for court reporting and stenotype services. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.

What 561492 covers

Court reporting firms record and transcribe legal proceedings, depositions and hearings verbatim using stenotype or digital recording, and produce certified transcripts. Live captioning services also fit here.

Included in this code

  • Court reporting
  • Deposition reporting
  • Stenotype services
  • Real time captioning
  • Legal transcript production

Not this code

Businesses that use 561492

Deposition reporting agencyFreelance court reporterCaptioning company

Financing for this trade

Court reporting firms carry receivables from law firms, so they use invoice factoring and lines of credit, plus SBA 7(a) loans for acquisitions of other agencies. Lenders look at law firm client base, receivables aging and reporter retention.

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Is 561492 the right code for a court reporting firm?

Yes, if you record and transcribe legal proceedings, depositions or hearings verbatim, or provide real time captioning. General transcription of business audio fits 561410. Interpreting during proceedings belongs in 541930. Deposition reporting agencies, freelance stenographers and CART captioning providers all belong here, whether they work in person or remotely.

What is the SBA size standard for 561492?

SBA sets the size standard for 561492 at $19 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Court reporting services 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 court reporting services fall well inside the limit, so size is rarely what decides an SBA application.

How do court reporting agencies manage cash flow?

Law firms often pay transcripts slowly, so many agencies factor invoices or keep a line of credit to pay reporters on time. SBA 7(a) loans fund acquisitions of competing agencies. Lenders review receivables aging, client concentration and reporter retention. Equipment loans can also cover stenotype machines and recording gear.

What does NAICS 561492 cover?

Court reporting and stenotype services. Industry level code in NAICS 2022, under 56 Administrative and support and waste management and remediation services, 561 Administrative and support services, 5614 Business support services, 56149 Other business support services.

What financing do NAICS 561492 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 561492?

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.