$3,022,492
EDFINANCIAL SERVICES LLC
Department of Education
- PIID
- 91003126F0056
- PSC
- R710 - SUPPORT- MANAGEMENT: FINANCIAL
Federal NAICS Codes
NAICS 522390: Other Activities Related to Credit Intermediation
Explore obligations, trends, recent awards, and incumbent contractors for NAICS 522390.
NAICS 522390 federal market metrics
- Total obligations
- $143.8B
- Total awards
- 1,023 awards
- Active obligations
- $4.6B
- Size standard
- $28,500,000 receipts
What this NAICS covers
NAICS 522390 covers services supporting credit intermediation not classified elsewhere, including loan servicing, loan processing, portfolio administration, payment collection, credit brokerage support, and related financial operations that enable lenders and investors to manage credit assets.
Federal opportunities under 522390 typically involve operating or supporting loan and credit programs, managing servicing workflows, transaction processing, account reconciliation, borrower communications, compliance reporting, and performance monitoring to maintain federal credit assets and records.
FY2026 snapshot
- Obligations
- $706.6M
- Awards
- 5
- Average award
- $141.3M
- Change from FY2025
- +13.1%
Federal obligation trend
FY2022
$112.8M · 11 awards
FY2023
$150.1M · 17 awards
FY2024
$1.5B · 15 awards
FY2025
$624.5M · 11 awards
FY2026
$706.6M · 5 awards
Recent awards
$3,339,010
CENTRAL RESEARCH INC
Department of Education
- PIID
- 91003126F0057
- PSC
- R710 - SUPPORT- MANAGEMENT: FINANCIAL
$3,234,101
NELNET SERVICING LLC
Department of Education
- PIID
- 91003126F0055
- PSC
- R710 - SUPPORT- MANAGEMENT: FINANCIAL
$62,358,927
CENTRAL RESEARCH INC
Department of Education
- PIID
- 91003126F0019
- PSC
- R710 - SUPPORT- MANAGEMENT: FINANCIAL
$124,358,339
EDFINANCIAL SERVICES LLC
Department of Education
- PIID
- 91003126F0020
- PSC
- R710 - SUPPORT- MANAGEMENT: FINANCIAL
$140,321,101
MISSOURI HIGHER EDUCATION LOAN AUTHORITY
Department of Education
- PIID
- 91003126F0021
- PSC
- R710 - SUPPORT- MANAGEMENT: FINANCIAL
$172,719,366
MAXIMUS EDUCATION LLC
Department of Education
- PIID
- 91003126F0018
- PSC
- R710 - SUPPORT- MANAGEMENT: FINANCIAL
$210,650,842
NELNET SERVICING LLC
Department of Education
- PIID
- 91003126F0022
- PSC
- R710 - SUPPORT- MANAGEMENT: FINANCIAL
FAQ
What work fits NAICS 522390?
- Third-party loan servicing including payment processing, escrow administration, account reconciliation, and customer inquiries for a portfolio of consumer or commercial loans.
- Debt collection and recovery operations with skip-trace support, negotiated settlements, and compliance with applicable debt collection regulations.
- Credit report and underwriting support services that aggregate financial data, verify borrower information, and produce decision-ready files for lenders.
- Asset disposition and secondary-market support including securitization readiness, loan sale packaging, and investor reporting coordination.
When is NAICS 522390 a weak fit?
- Banking services and deposit-taking operations: activities involving insured deposit accounts, deposit insurance handling, or branch retail banking functions which fall under regulated depository institution classifications.
- IT platform development only: software development or cloud hosting contracts that deliver code or infrastructure without operational loan servicing, payment processing, or fiduciary transaction execution.
- Credit counseling or financial education: advisory services focused on consumer budgeting, counseling sessions, or training without direct account servicing, collection, or transaction processing responsibilities.
What solicitation language points to NAICS 522390?
- Statement of work requires custody of payment flows, ACH or EDI processing, reconciliation schedules, and liability clauses for misapplied funds.
- Performance measures include days-to-collect metrics, recoveries per portfolio balance, dispute resolution timelines, and compliance audit pass rates.
- Security requirements specify financial-data encryption standards, role-based access to borrower records, and immutable audit logs for transaction history.
Put this market knowledge to work
Now that you know about NAICS 522390 - Other Activities Related to Credit Intermediation, let Sweetspot help you find and win relevant government contracts with AI-powered tools.