Business Loans in Washington State

Scale your Washington business with financing matched to the Evergreen State's innovation economy.

620,000+

Small Businesses

$725 Billion

State GDP

$4.9 Billion

SBA Loans (Annual)

0%

No State Income Tax

Business Lending in Washington

Washington State's economy is driven by some of the most valuable companies in the world. The Seattle-Bellevue corridor is home to Amazon, Microsoft, Boeing, Starbucks, Costco, and thousands of tech companies and startups, creating one of the richest and most innovative business ecosystems globally. The Puget Sound tech sector generates hundreds of billions in revenue and attracts top talent from around the world. Boeing's presence makes Washington a global aerospace leader, though diversification has reduced dependence on any single employer. Washington's agricultural sector is the nation's top producer of apples, cherries, hops, and several other crops, with the Columbia Basin's irrigated farmland among the most productive in the world. The Port of Seattle and Port of Tacoma (combined as the Northwest Seaport Alliance) form the fourth-largest container port complex in North America, driving international trade, particularly with Asia. Washington's approximately 620,000 small businesses benefit from no state income tax and a highly educated workforce. The Washington State Department of Commerce offers various programs, while the Community Economic Revitalization Board (CERB) provides loans and grants for infrastructure supporting economic development. Eastern Washington, centered around Spokane, has its own growing tech and healthcare economy at significantly lower costs than the Seattle metro.

Top Industries in Washington

Technology & Cloud Computing
Aerospace & Aviation
Agriculture
International Trade & Ports
Healthcare & Life Sciences
Clean Energy

Top Cities for Business in Washington

Seattle
Spokane
Tacoma
Bellevue
Vancouver
Kent

Lending Environment

Washington has a very active lending market, particularly in the Puget Sound. The Washington State Department of Commerce and CERB provide economic development financing. Craft3 CDFI serves the Pacific Northwest. The Washington Small Business Development Center network provides free consulting. Note: Washington has a Business & Occupation (B&O) tax in lieu of income tax, which lenders factor into cash flow analysis.

Business Loans in Washington: FAQs

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