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Castler Digital Identifier for Discounting Escrow

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Workflow of Funds in Castler Digital Identifier

01

Agreement reached between buyer and seller

02

Buyer sends funds to Castler Digital Identifier

03

Castler verifies payment and notifies seller to proceed

04

Seller sends product/service to buyer

05

Buyer accepts the product/service

06

Castler releases funds to seller

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Simple and secure online transactions

No need for physical meetings or middlemen

Customizable agreements to fit your needs

Personalized customer service for every transaction

Affordable fees with no hidden costs

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Secure Your Transactions with Castler Digital Identifier

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FAQ's

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.

How much does Discounting Escrow cost?

The cost of Discounting Escrow will vary depending on the size of the business, the amount of money they need to borrow, and their credit score. However, businesses can typically expect to pay a fee of 1-3% of the amount they borrow.

Who can use Discounting Escrow?

Discounting Escrow is available to businesses of all sizes. However, businesses with good credit scores and a history of on-time payments may be more likely to qualify for lower interest rates.

What are the benefits of using Discounting Escrow?

There are many benefits to using Discounting Escrow, including:

Improved cash flow: Discounting Escrow can help businesses to improve their cash flow by providing them with access to working capital.
Reduced risk: Discounting Escrow can help businesses to reduce their risk by selling their invoices to investors at a discount.
Increased flexibility: Discounting Escrow can give businesses more flexibility by allowing them to sell their invoices at any time.
What are the risks of using Discounting Escrow? There are a few risks associated with using Discounting Escrow, including:
Loss of control: When a business sells their invoices to investors, they lose control over the collection of the payments.
Interest payments: Businesses may have to pay interest on the money they borrow from investors.
Late payments: Investors may not always make their payments on time, which can lead to late fees and penalties for the business.

How does Discounting Escrow work?

When a business uses Discounting Escrow, they first create an escrow account with Castler. The business then submits their invoices to Castler, who reviews them and determines the discount rate. Once the discount rate is agreed upon, the business can sell their invoices to investors through Castler’s platform.

What is Discounting Escrow?

Discounting Escrow is a type of escrow service that allows businesses to sell their invoices to investors at a discount. This can help businesses to improve their cash flow and access working capital.

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Testimonials

I am thrilled to write a testimonial for Castler, a company that has truly transformed the way we handle digital payments and escrow agreements. Thanks to Castler, making digital payments has become incredibly easy and convenient for us. Their platform is intuitive, user-friendly, and secure, making it an ideal choice for anyone looking for a hassle-free payment experience. And I also liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Standardized Pricing, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

 

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Prashanth

Finance manager

And I also liked the features like, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Standardized Pricing, Team Responsiveness, End-to-End Support, Efficient & Effective.

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Dipen Patel

CTO

Castler’s team of skilled professionals quickly understands the latest digital strategies, enabling us with tailored solutions to our unique needs. Their team was always available to answer any questions or concerns. And I also liked the features like, Unified Dashboard, Modular Product, Fully Customizable, Any Industry Any Use-Case, Team Responsiveness, End-to-End Support, Efficient & Effective.

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Pradeep

CEO & Co-Founder

The process of disbursal through Castler is quick, easy and reliable. The best thing about them is the their team, which is readily available to assist you and give solution to your queries or even helping with last minute disbursal requests. And I also liked the features like, (Unified Dashboard, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Rahul Singh

Finance Lead

Quick response time. And I also liked the features like, Multi-Bank Option, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Sanu Kumar

Program Manager

Keep up the good work and try to add more features related to operational convenience. And I also liked the features like, Unified Dashboard, 100% Security through Escrow Agreement, Standardized Pricing, Help you Save Time, Money & Effort .

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Nitish Kumar Gupta

Senior Director

Nidhi is a very professional but never forgets to.give some personal touch. She is prompt in her response and gives solution which is very helpful . And I also liked the features like, Unified Dashboard, Modular Product, Fully Customizable, Any Industry Any Use-Case, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort.

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Amruta Shingwekar

Founder

Timely responses and quick solutions to any issues that arose during the course of our engagement have been truly remarkable. Appreciate Nidhi’s & Vineeta’s commitment to delivering high-quality service. And I also liked the features like, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort.

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Akshitha

Strategic Finance

Your executive really helped us with smooth and fast opening of escrow account when we were struggling with the banks for this service.. And I also liked the features like, Team Responsiveness, End-to-End Support, Help you Save Time, Money & Effort.

Preetesh Maloo

Co Founder

“I was thoroughly impressed with their services. The staff was professional, responsive, and knowledgeable, and they made the entire process incredibly smooth and hassle-free. One of the things I appreciated most about Castler was their attention to detail. They were incredibly thorough in reviewing all of the necessary documents and ensuring that everything was in order before moving forward with the transaction. This gave me a lot of peace of mind and helped to prevent any potential issues or complications. And I also liked the features like, 100% Security through Escrow Agreement, Standardized Pricing, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Nimith Agrawal

Co-Founder & CEO

Throughout our experience with Castler, we have found their team to be incredibly responsive and supportive. They have been instrumental in resolving any issues that we have encountered in a timely manner, providing us with prompt responses that have helped us keep our operations running smoothly. We cannot overstate the value that Castler has added to our platform, and we are grateful to have their team as a partner in managing multiple accounts through their efficient tool. And I also liked the features like, Unified Dashboard, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Shubham

VP Strategy & Operations

Maybe add more banks to partner with. And I also liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort.

Ranjit Sundaram

Founder

Good work And I also liked the features like, Unified Dashboard, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort.

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Santhosh C

Business Development Manager

Castler teams are well co-ordinated & have been standing on feet when support needed during our business peak. And I also liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support .

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Vidhi Bhatt

Co-Founder & Director

Liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support .

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Varun Varada

Finance Manager

Representatives works with a problem solving attitude. And I also liked the features like, Multi-Bank Option, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Gaurav Jhajharia

General Manager Business Finance

We are an NBFC, so making payouts used to be a huge challenge for us. However, ever since we started using Castler’s Escrow Services, all our payouts have been automated which saves us time and resources. Also, the team is extremely responsive and are available to solve issues raised almost immediately. And I also liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Standardized Pricing, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Anish Bhojani

COO

amazing tech and ux ui. And I also liked the features like, Unified Dashboard, 100% Security through Escrow Agreement, Efficient & Effective .

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Shreyaan Daga

Founder

Castler Product is unique and easy to use, it’s easy to customise as per any use case makes it different from other escrow service .And I also liked the features like,Unified Dashboard, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Yash Goyal

Head-Product and Marketing

I think the team behind this is phenomenal and excellent after services after onboarding as well. And I also liked the features like, Unified Dashboard, Multi-Bank Option, Efficient & Effective .

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Gunjan Sangoi

Investment Manager

Making Escrows Easier !. And I also liked the features like, Unified Dashboard, Multi-Bank Option, Modular Product, Fully Customizable, Any Industry Any Use-Case, Efficient & Effective .

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Jyoti Rai

Lead Banking Ops

It’s Wow. And I also liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Standardized Pricing, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort.

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Dr.Joy Shah

CEO

Good Team. And I also liked the features like, Unified Dashboard, Team Responsiveness, End-to-End Support .

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Anandan B

Anandan B

Very good service and quick response . And I also liked the features like, Multi-Bank Option, 100% Security through Escrow Agreement, Efficient & Effective .

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Nitin Srivastava

Finance Managerr