How much is a business listed under finance and insurance worth in New York?

From 2023 to 2026, businesses listed under finance and insurance with 1 to 4 staff sold for about $400K to $1.4M, with a middle price of about $810K, based on 223 purchases. A business's own value depends on its revenue, profit and owner pay.

How current is the information about LB Processing, Inc.?

The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.

How can the owner of LB Processing, Inc. get a valuation?

Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

LB Processing, Inc.

Credit Card Issuing · Purchase, NY

LB Processing, Inc. is a business in Purchase, New York, listed under credit card issuing, with 1 to 4 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $400K to $1.4M.

Public record

Industry: Credit Card Issuing (NAICS 522210, as reported by the business)
Location: Purchase, New York
Staff: 1 to 4 people (as reported in 2020 to 2021)
Registration: Active (as of October 2026)
Formed: August 13, 2003
As of: 2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Finance and Insurance with 1 to 4 staff, bought 2023 to 2026. Based on 223 purchases.

Loans used to buy them

$340K to $1.2M

Middle loan about $690K

Estimated purchase prices

$400K to $1.4M

Middle price about $810K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of LB Processing, Inc..

Financials of businesses like this

Average revenue

$1.1M

a year

Average payroll

$149K

14% of revenue

Average staff

1.1

people

US averages for credit card issuing with fewer than 5 staff, 2022 (90 businesses). These are not LB Processing, Inc.'s own figures; its own revenue and profit are what a valuation needs.

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Questions

How much is a business listed under finance and insurance worth in New York?: From 2023 to 2026, businesses listed under finance and insurance with 1 to 4 staff sold for about $400K to $1.4M, with a middle price of about $810K, based on 223 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about LB Processing, Inc.?: The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of LB Processing, Inc. get a valuation?: Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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