Norristown, PA — Service-disabled veteran-owned collection agency and call center Lien Enforcement, Inc. (LEI) today announced it has achieved Historically Underutilized Business Zone (HUBZone) certification through the U.S. Small Business Administration (SBA). The HUBZone program helps small businesses in urban and rural communities gain preferential access to Federal procurement opportunities. The program was enacted into law as part of the Small Business Reauthorization Act of 1997.
LEI is now one of thirty-four (34) HUBZone-certified small businesses listed at www.sam.gov under the NAICS code for debt collection (561440). LEI’s leadership team has over 80 years of debt collection experience including 54 years collecting Federal student loans for The U.S. Department of Education (ED). Founded in 2010, LEI delivers exceptional value through a conscientious and ethical approach to collecting clients’ accounts.
Owner and founder Keith Baker said, “We look forward to offering our HUBZone certification along with our proven capabilities to Federal agencies and prime contractors that want to meet their spending goals in this area while helping to revitalize this community through good-paying jobs.”
Federal HUBZones are designated as such based on U.S. census data when an area has statistically proven economic needs, typically within depressed urban or rural communities. The SBA certifies firms as HUBZone small businesses if they meet all the eligibility requirements. For starters, the firm must be owned at least 51% by an American citizen, with few exceptions. The firm’s principal office must be located with a HUBZone, and more than 35% of the firm’s employees must live in a HUBZone. These requirements are just the beginning of establishing a business as a HUBZone-certified concern.
LEI is a member of the Fed Cetera Network, a business development organization under 48 CFR 52.219-9.