Aspenhollow Business Capital, based in Olympia, WA, takes business funding requests from Tenino, WA owners by phone and online. ZIP 98589 had 147 employer establishments in 2023, and 68.0% had fewer than five employees, with construction the biggest sector. This page explains what those figures cover and which options small contractors and shops can use.
| County | Thurston County, WA |
|---|---|
| Distance | About 13.3 miles south of Olympia, WA |
| ZIP 98589 employer establishments | 147 (ZBP 2023) |
| ZIP 98589 share under 5 employees | 68.0% (ZBP 2023) |
| Tenino, WA share of ZIP 98589 land | 1.6% (Census 2020) |
What ZIP 98589 covers
Tenino covers only 1.6% of ZIP 98589's land, though all of the city lies inside it (Census 2020 ZIP-place relationship file). The ZIP figures below describe a wide area around the city, not Tenino alone.
ZIP 98589 had 147 employer establishments, 823 paid employees and $39.3 million in annual payroll in 2023 (ZIP Code Business Patterns 2023). By our arithmetic that is about 5.6 employees per establishment, against 13.0 for Thurston County, WA.
Shops and food service in ZIP 98589
Retail and accommodation and food services each counted 13 employer establishments in ZIP 98589 in 2023; 61.5% of the retailers and 38.5% of the food businesses had fewer than five employees (ZIP Code Business Patterns 2023). Retailers that stock ahead of sales can compare inventory financing or a credit line, while kitchens and cafés can start with equipment financing.
A construction-heavy, small-employer mix
| Sector | Establishments | Share under 5 employees |
|---|---|---|
| Construction | 34 | 79.4% |
| Other Services | 15 | 86.7% |
| Retail Trade | 13 | 61.5% |
| Accommodation and Food Services | 13 | 38.5% |
| Administrative and Support Services | 12 | 66.7% |
| Health Care and Social Assistance | 12 | 66.7% |
Construction made up 34 of 147 establishments (23.1%, our arithmetic), and four in five of those had fewer than five employees. A small crew might finance a truck or trailer and carry payroll between draws; see contractor funding and equipment financing.
Self-employment in Tenino, WA
4.8% of employed Tenino residents were self-employed (American Community Survey 2020-2024), but the margin of error is +/- 2.8 points because the sample is small, so the figure is a rough guide only.
Registering and licensing from Tenino, WA
How to register a business in Washington state and what a WA business license costs are questions for the official sources; we do not advise on registration or fees.
See the industry pages, the Olympia, WA page for county figures, or all towns served.
Who Aspenhollow Business Capital works with in Tenino, WA
Aspenhollow Business Capital works with Tenino, WA businesses of most kinds; contractors and construction trades, restaurants and food service, medical and dental practices and retailers and wholesalers that carry stock are common examples. The partner, not the industry, makes the decision.
Documents to have ready
- Last year's filed tax return for the business
- An up-to-date P&L and balance sheet, even if you prepare them yourself
- Photo ID for every owner of the business
- Your articles of organization or incorporation and the EIN letter
- Details of any loans, leases or advances the business already carries
- For equipment, the seller's quote with make, model and price
No two partners ask for exactly the same file, so use this as a checklist rather than a rule.
How a request moves forward
- 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 explain which funding types fit that use and what partners usually need to see. Nothing is submitted without your go-ahead.
- After you give the go-ahead, we share the request with suitable lending partners, and each one decides on its own.
- 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.
Everything can be handled by phone or online from Tenino, WA.
By Aspenhollow Business Capital · Updated