Lighthouse Biz Solutions

What Lighthouse Biz Solutions does

Lighthouse Biz Solutions LLC (LBS) is a Massachusetts-based cannabis-focused financial services provider and a wholly owned subsidiary of GFA Federal Credit Union. Formed in 2018, it was the first financial institution in Massachusetts to bank the adult-use cannabis market and provides both banking and lending services to the recreational cannabis industry. The company serves cannabis-related businesses nationwide across all states that have approved adult or medicinal cannabis use, including licensed operators, pre-operators, multi-state operators, testing labs, cannabis investors, ancillary businesses, hemp and CBD companies, landlords, and industry employees.

Its core product suite comprises business banking (checking, escrow, and deposit accounts), treasury management services (ACH bill pay, domestic wire transfers, sweep accounts, GFA @ Work), and lending products (commercial real estate loans, equipment loans, DACA agreements, consumer loans) offered through GFA Federal Credit Union. These are delivered through an online and mobile banking platform with remote and mobile deposit capture, an ACH payment manager, and online wire transfers. Each client is assigned a dedicated concierge banker who provides relationship-driven service and compliance guidance under FinCEN cannabis banking guidance.

LBS operates a sales-led, relationship-driven go-to-market model with no publicly disclosed pricing. Revenue is generated through monthly fees on business checking accounts, lending interest and fees, and treasury management subscriptions. Distribution is handled through direct concierge banking, the online banking portal, and a marketplace partner ecosystem that extends the offering into payments, insurance, consulting, technology, and sales enablement services.

Name

Lighthouse Biz Solutions

Legal name

Lighthouse Biz Solutions LLC

Website

https://lighthousebizsolutions.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Lighthouse Biz Solutions LLC is a Massachusetts-based, wholly owned subsidiary of GFA Federal Credit Union that provides compliant banking, lending, and treasury management services to licensed cannabis operators and ancillary businesses nationwide across all U.S. states with legal cannabis.

Ownership category

akta.pro rank

Product category

Cannabis Banking Services

NAICS

Depository Credit Intermediation (5221)

SIC

Savings Institution, Federally Chartered (6035), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Deposit Operations (Account Maintenance, Fees, Reconciliations) (FSABALAE)

akta.pro secondary industry

Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD) (FSABALAA)

Keywords

• Cannabis banking services
• Business checking accounts
• Treasury management services
• Commercial cannabis lending
• Escrow account services

Headquarters

HQ city

Gardner

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Banking Services: Monthly fees for business checking accounts with enhanced due diligence compliance requirements. The FAQ mentions regulatory guidance requires enhanced monitoring and compliance burden which factors into fee structure.
2. Lending Products: Commercial real estate loans, equipment loans, DACA agreements, and consumer loans offered through GFA Federal Credit Union.
3. Treasury Management Services: ACH bill pay, domestic wire transfers, sweep accounts, and escrow account management services.
4. Deposit Services: Online and mobile deposit capture services for cannabis business clients.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Lighthouse Biz Solutions provides compliant business banking, treasury management, and lending services to cannabis-related businesses (CRBs) across the United States. Core services include business checking accounts, escrow accounts, ACH bill pay, domestic wire transfers, sweep accounts, commercial real estate loans, equipment loans, DACA agreements, and consumer loans, all delivered through an online banking platform and supported by a dedicated concierge banker model.

Product overview

Lighthouse Biz Solutions offers a unified cannabis banking and lending platform providing full-service financial solutions to the cannabis industry. The core offerings consist of Business Banking (checking, escrow, deposits with compliance monitoring), Treasury Management Services (ACH Bill Pay, wire transfers, sweep accounts), and Lending Services (commercial real estate, equipment loans, DACA agreements, consumer loans), all delivered through a digital banking platform. Additional value-added services include Remote Deposit, Mobile Deposit, and ACH Payment Manager, with dedicated Concierge Bankers providing personalized support across client segments including pre-operators, licensed cannabis operators, multi-state operators, testing labs, cannabis investors, ancillary businesses, and employees.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Banking Compliant business banking services for licensed cannabis operators and ancillary cannabis businesses, including business checking accounts, escrow accounts, and deposit accounts with enhanced due diligence and compliance monitoring per BSA, KYC, and FinCEN guidance.
• Treasury Management Services Treasury management services for cannabis operators including ACH Bill Pay, Domestic Wire Transfers, Sweep Accounts, and GFA @ Work, enabling cannabis businesses to manage cash flow and financial operations.
• Lending Services Comprehensive lending solutions for cannabis businesses and their employees, including Commercial Real Estate Loans, Equipment Loans, DACA Agreements, and Consumer Loans, all offered through GFA Federal Credit Union as an equal opportunity lender.
• Concierge Banking Dedicated Concierge Banker assigned to each cannabis industry client (pre-operators, licensed operators, multi-state operators, testing labs, investors, ancillary businesses, hemp & CBD, landlords, and employees) providing personalized service, compliance guidance, and financial advisory for cannabis banking and lending needs.

Segments9 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered minor and core.

• KindTapminorOthersDigital payments partner providing safe and friendly payment options for cannabis consumers. Allows cannabis businesses to offer credit card-like payment options, enabling customers to skip ATM and cash handling.
• Strategic Resolution Partners (now Prince Lobel Strategic Advisors, LLC)coreImplementation/ SI/ Consulting PartnerStrategic advisory services partner providing consulting services to cannabis businesses. Now operating as Prince Lobel Strategic Advisors, LLC, providing strategic advisory services for start-up and emerging growth companies nationwide for more than three decades. Referenced on Lighthouse website as a recommended consulting partner.
• Charles River (Insurance)minorOthersCannabis insurance partner providing multiple carrier cannabis insurance solutions in states where cannabis is legal. Offers insurance products specifically designed for Massachusetts cannabis businesses.
• GFA Federal Credit UnioncoreOthersParent financial institution and core partner. Lighthouse Biz Solutions is a wholly owned subsidiary of GFA Federal Credit Union. All deposits are held with GFA FCU and are insured by the NCUA. All loans are offered through GFA FCU, which is an equal opportunity lender.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Market position

Strengths1 record

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/lighthsebizsoln
• Facebookfacebook.com/LighthouseBizSolutions
• LinkedInlinkedin.com/company/lighthouse-biz-solutions

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lighthouse Biz Solutions