Frequently asked questions
1. How does it work?
2. What services do you offer?
Left Coast Financial Solutions provides money handling, compliance, and transaction management solutions. We align your business with standard financial practices (electronic checking, automatic and recurring payments, and standard invoicing times) and maintain a best-practices based approach to addressing transactions, regulations, and compliance. We offer onsite cash pick-up, transit, and deposits services. We link directly to your existing accounting software and provide 24/7 (via online or mobile) access to your account information.
3. Are there any fees I have to pay?
Left Coast requires no monthly or other service fees. Our cost is solely transactional, meaning if you’re not transacting, you’re not paying. Left Coast Financial Solutions works hard to make our services economically viable for even the smallest of businesses.
4. Are my transactions reported to the federal government?
Yes. All financial institutions are required by law to report every financial transaction that occurs within any cannabis-related business. Left Coast Financial Solutions acts in accordance with the FinCEN guidance surrounding cannabis-related businesses, as is laid out by the federal government.
5. How can I contact you?
You can contact Left Coast Financial Solutions via email or phone 24/7. We do our best to answer every inquiry within 24 hours.