Solutions for Delayed Payment at a glance
- What it is
- Under the MSMED Act, 2006, buyers must pay registered micro and small enterprises within the agreed period (not more than 45 days); a supplier facing delayed payment can file a case with the MSE Facilitation Council through the MSME Samadhaan portal.
- Who it is for
- Udyam-registered micro and small enterprises with unpaid invoices from buyers.
- How Early Grow helps
- We help you document the claim, file on MSME Samadhaan, follow up through conciliation and explore interim funding options such as invoice discounting.
- Next step
- Book a free consultation or call +91 93541 57455.
Solutions for Delayed Payment
Late payments can create serious cash flow problems, especially for small businesses and MSMEs. When clients delay payment, it becomes difficult to pay bills, manage payroll, or invest in business growth. That’s why finding the right solutions for delayed payments is essential to maintaining financial stability and scaling your operations. At Early Grow, we offer a comprehensive range of services to help you recover overdue payments and access the funds you need, when you need them.
Common Solutions for Delayed Payments
- Payment Follow-Up Services – Professionally managed follow-ups to ensure overdue invoices are not forgotten. Let experts collect payments with tact and professionalism.
- Understand the 45-Day Payment Rule (MSME Samadhaan) – As per the MSME Development Act, buyers must pay within 45 days. MSMEs can seek redressal through the MSME Samadhaan Scheme.
- File a Complaint on the MSME Samadhaan Portal – Leverage government support to legally recover dues. Ideal for registered MSMEs facing chronic late payments.
- Invoice Factoring – Sell your unpaid invoices and receive up to 90% of the value upfront, improving cash flow without taking on debt.
- Business Line of Credit – Access flexible working capital to cover expenses while awaiting pending payments. Pay interest only on the amount used.
- Early Payment Discounts – Encourage early payments by offering discounts to clients who settle invoices before due dates. A win-win solution.
Why Choose Early Grow?
- Instant Access to Funds – Say goodbye to waiting on clients. Get paid faster with invoice factoring or credit solutions.
- Reduce Cash Flow Gaps – Ensure timely salaries, smooth operations, and sustainable growth.
- Flexible Financing Options – Choose from a variety of funding tools including business lines of credit.
- Support with SAMADHAN Scheme – Receive expert guidance throughout the MSME Samadhaan complaint filing process.
- Hassle-Free Process – Transparent systems that integrate seamlessly with your existing operations.
How to Use the MSME Samadhaan Scheme
- Visit the Official Portal: Go to samadhaan.msme.gov.in
- Register: Create an account using your Udyam Registration Number.
- File a Complaint: Upload invoices and work orders to submit your claim online.
- Track Status: Monitor your complaint status and receive updates directly on the portal.
Our Core Payment Acceleration Services
- Invoice Factoring – Turn unpaid invoices into immediate capital. Get up to 90% of the value upfront while we manage collections.
- Business Line of Credit – Access working capital to cover costs while waiting for customer payments. Borrow as needed and pay interest accordingly.
- Payment Follow-Up Services – Our team ensures professional, timely communication with clients for overdue payments.
Stop Chasing Payments. Start Growing.
- Delayed payments shouldn't hold your business back. Let Early Grow help you stay financially stable and focused on growth.
- 📞 Speak to an expert today or apply online to unlock your funds and end the wait for payments.
Official references
Frequently asked questions
There can be a few reasons: They forgot or misplaced the invoice. There’s a dispute over the work or delivery. Their internal payment process is slow. They might be facing financial issues. Clear payment terms and regular reminders can help reduce delays.
Set clear due dates from the start. Send automated reminders before and after the due date. Offer a small discount for early payments. Communicate openly with your clients. These steps help keep cash coming in smoothly.
Invoice factoring means selling your unpaid invoices to a company. They’ll pay you most of the amount right away and then collect the full payment from your customer. It’s a quick way to get cash without waiting around.
It gives you: Quick cash in hand. No need to chase clients for payment. More time to focus on your business, not collections. Flexibility—you choose which invoices to factor. Great for improving cash flow when payments are stuck.
There are some service fees. If not managed well, it might affect customer relationships. Not all invoices may qualify. Make sure to weigh the pros and cons before deciding.
It’s a government platform that helps small businesses (MSMEs) get payments that are overdue from clients. You can file a complaint online and get legal help to recover your money.
If you’re a registered Micro or Small Enterprise with a Udyam Registration Number, you’re eligible to file complaints for late payments.
Go to samadhaan.msme.gov.in. Register using your Udyam number. Fill in the complaint form with payment and invoice details. Upload relevant documents like work orders or invoices. Submit and track your complaint online. It’s free, and the process is quite simple.
Nope! It’s completely free to file a complaint on the Samadhaan portal.
Under the law, if a client doesn’t pay within 45 days, they may have to pay interest at 3 times the bank rate. This rule helps ensure MSMEs are treated fairly.
Talk to an Early Grow adviser
Tell us what you need and we will explain your options, the documents required and the next steps. The first consultation is free.