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

What are the risks of not using Escrow for Distributor Dealer Financing?

There are several risks associated with not using Escrow for Distributor Dealer Financing, including:

The buyer could lose the purchase price if the dealer does not deliver the vehicle.
The dealer could lose the sale if the buyer does not approve the financing.
There is an increased risk of fraud.
The process could be more time-consuming and complicated.