Aspenhollow Business Capital, based in Olympia, WA, takes business funding requests from Lacey, WA owners by phone and online. ZIP 98503 had 841 employer establishments in 2023, led by health care and retail. This page covers the ZIP's sectors, Lacey's split across two ZIPs, license lookups and which funding options local sectors use.
| County | Thurston County, WA |
|---|---|
| Distance | About 4.6 miles east of Olympia, WA |
| ZIP 98503 employer establishments | 841 (ZBP 2023) |
| ZIP 98503 paid employees | 17,356 (ZBP 2023) |
| Self-employed residents, Lacey, WA | 6.7% (+/- 1.5) (ACS 2020-2024) |
ZIP 98503 by sector
| Sector | Establishments | Share under 5 employees |
|---|---|---|
| Health Care and Social Assistance | 146 | 45.2% |
| Retail Trade | 100 | 40.0% |
| Other Services | 96 | 54.2% |
| Accommodation and Food Services | 88 | 17.0% |
| Construction | 87 | 74.7% |
| Finance and Insurance | 72 | 51.4% |
| Professional, Scientific, and Technical Services | 72 | 61.1% |
Altogether ZIP 98503 had 841 employer establishments, 17,356 paid employees and $816.1 million in annual payroll in 2023 (ZIP Code Business Patterns 2023). About half (50.2%) had fewer than five employees. Our arithmetic from those figures: about 20.6 employees per establishment, well above Thurston County, WA's overall 13.0.
Health care leads ZIP 98503
Health Care and Social Assistance was the biggest sector in ZIP 98503, with 146 employer establishments in 2023, and 45.2% of them had fewer than five employees (ZIP Code Business Patterns 2023). Clinics and therapy practices can spend first on equipment and space and wait on insurers after. Medical practice funding and dental practice funding cover those patterns in detail.
Lacey, WA spans more than one ZIP
Lacey covers 67.2% of ZIP 98503's land, but only 43.3% of the city sits inside that ZIP; another 48.4% lies in ZIP 98516 and 7.6% in ZIP 98513 (Census 2020 ZIP-place relationship file). A Lacey, WA business may therefore show any of three ZIPs on its records. The figures here describe ZIP 98503 only.
Lacey, WA business license lookups
Related searches include the city of Lacey, WA business license and how to look up a business license in Washington state. A partner may ask whether a business's registration and city license match the name on its bank account.
For how Olympia, WA handles the same questions, see the Olympia, WA license guide.
Funding that fits Lacey, WA sectors
Health care practices can finance equipment and build-outs; retailers can stock up ahead of sales; contractors can carry payroll between draws. the industry pages cover each in depth, and the the Olympia, WA page has countywide figures. Lacey, WA commercial real estate decisions can come before a term loan request; see leasing commercial space. all towns served lists the other towns.
Lacey, WA businesses we help
Funding partners consider businesses across most industries in Lacey, WA, from contractors and construction trades and restaurants and food service to medical and dental practices and retailers and wholesalers that carry stock. Each partner still decides case by case.
Paperwork partners commonly ask for
- Business checking statements covering roughly the last quarter or two
- Your most recent business tax return
- Current financial statements: profit and loss plus a balance sheet
- Formation documents and your EIN
- A simple schedule of current business debt and monthly payments
- A written quote or invoice if the money is for equipment
Partners differ in what they request; this list covers the usual ground.
The steps after your first call
- It starts with a call to (360) 665-7962 or the short contact form. On the phone we cover the purpose of the funds, time in business and approximate monthly revenue.
- We walk through the funding types that suit that purpose and the paperwork partners tend to ask for. Nothing goes out until you say so.
- Once you agree, the request goes to partners that provide that type of funding. The credit decision belongs to each partner.
- Any offer comes from the partner. Read the total cost, the payment schedule and the terms before deciding; turning it down is always an option.
From Lacey, WA, the whole request can run by phone and online.
By Aspenhollow Business Capital · Updated