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Loan Administration, Check Cashing & Other Services in New Mexico

Author.Name IBISWorld United States Last Updated: April 2025 NAICS NM52239

Loan Administration, Check Cashing & Other Services in New Mexico industry analysis

The Loan Administration, Check Cashing & Other Services industry in New Mexico is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xxx locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x%. Industry establishments are forecast to decline -x.x% to xxx locations. Industry employment is expected to decrease an annualized -x.x% to xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Loan Administration, Check Cashing & Other Services in New Mexico Market Research Report

What’s Included in the Loan Administration, Check Cashing & Other Services in New Mexico Market Research Report

Definition of the Loan Administration, Check Cashing & Other Services in New Mexico?

The Loan Administration, Check Cashing and Other Services industry services loans, most notably mortgages. This industry does not originate loans, which includes legally arranging and issuing the loan. Servicing loans includes performing all of the administrative aspects of managing a debt portfolio. Operators also perform money transmission services, which include selling and cashing traveler’s checks, money orders and cashier’s checks, as well as renting safe-deposit boxes.

What’s included in the Loan Administration, Check Cashing & Other Services in New Mexico?

The Loan Administration, Check Cashing & Other Services in New Mexico includes loan servicing and administration (primarily mortgages), cash handling and management services for businesses, check cashing servicing, selling money orders and traveler's checks, money transmission servicing and safe deposit box renting. Related terms covered in the Loan Administration, Check Cashing & Other Services in New Mexico industry report includes the aggregate value of a servicing portfolio acquired through the company's own production, the aggregate value of a servicing portfolio obtained from a source outside the purchasing company, a debt instrument that represents a claim on mortgage cash flows, usually from residential property, a pool of mortgages that pay investors different cash flows based upon the rules of the collateralized mortgage, the creation of a loan, which consists of outlining the amount of the loan, interest rates, collateral and payment frequency, the administration aspects of the loan, which consist of sending and collecting monthly payments, maintaining loan records, and paying insurance and taxes on the loan, loans that are based on an income value stated by the potential borrower and a credit issuing firm that does not service deposit-based accounts.

Industry Performance of the Loan Administration, Check Cashing & Other Services industry in New Mexico

Benchmark the Loan Administration, Check Cashing & Other Services in New Mexico industry performance with all NM county and national performance.

Loan Administration, Check Cashing & Other Services in New Mexico

#40 in Highest Revenue 0.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Loan Administration, Check Cashing & Other Services in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Loan Administration, Check Cashing & Other Services industry in New Mexico

See how key industry drivers, such as population, new business formation, median houshold income, demand from real estate loans and collateralized debt, housing starts and house price index are impacting Loan Administration, Check Cashing & Other Services in New Mexico

New Mexico Economic Indicators

Population
New Business Formation
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Demand from real estate loans and collateralized debt
Housing starts
House price index

For the full list of industry drivers, see report purchase options.

County Data of the Loan Administration, Check Cashing & Other Services industry in New Mexico

Access proprietary data on county in the Loan Administration, Check Cashing & Other Services in New Mexico, such as Bernalillo County, Doã±a Ana County and San Juan County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Loan Administration, Check Cashing & Other Services industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Loan Administration, Check Cashing & Other Services industry in New Mexico in 2025?

The market size of the Loan Administration, Check Cashing & Other Services industry in New Mexico is $30.2m in 2025.

How many businesses are there in the Loan Administration, Check Cashing & Other Services industry in New Mexico in 2025?

There are 108 businesses in the Loan Administration, Check Cashing & Other Services industry in New Mexico, which has been declining at an average annual rate of -6.1% from 2020 to 2025.

Has the Loan Administration, Check Cashing & Other Services industry in New Mexico grown or declined over the past 5 years?

The market size of the Loan Administration, Check Cashing & Other Services industry in New Mexico has been declining at an average annual rate of -13.3% from 2020 to 2025.

How many employees in the Loan Administration, Check Cashing & Other Services industry in New Mexico in 2025?

There are 227 employees in the Loan Administration, Check Cashing & Other Services industry in New Mexico, which has been declining at an average annual rate of -8.2% from 2020 to 2025.