Castler closes Pre-Series A funding of $6 Million led by Flipkart, Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

Categories faq: Discounting Escrow

What are the alternatives to Discounting Escrow?

There are a few alternatives to Discounting Escrow, including:

Factoring: Factoring is a type of financing that allows businesses to sell their accounts receivable to a third party at a discount.
Line of credit: A line of credit is a revolving line of credit that businesses can use to borrow money as needed.
Bank loan: A bank loan is a type of financing that businesses can use to borrow a lump sum of money.

How do I get started with Discounting Escrow?

To get started with Discounting Escrow, businesses can visit Castler’s website and create an account. Once they have created an account, they can submit their invoices for review and begin selling them to investors.

What are the steps to set up Discounting Escrow?

To set up Discounting Escrow, businesses will need to create an account with Castler and submit their invoices for review. Once the invoices are approved, businesses can sell them to investors through Castler’s platform.

How long does it take to get approved for Discounting Escrow?

The approval process for Discounting Escrow typically takes a few days. However, businesses with good credit scores and a history of on-time payments may be approved more quickly.