Invoice Factoring #payment delay#working capital
Payment Delays Strain MSME Working Capital, Report Highlights Structural Gap
The Indian SME Receivables Report 2026 by Recordent reveals that delayed payments are severely straining MSME working capital, with average overdue receivables beyond 360 days at Rs 3.8 crore per firm and a national invoice payment cycle of 73 days, far exceeding regulatory guidelines of 45 days. The report, based on data from 1.1 lakh MSMEs and over 1 million transactions, identifies late payments as a key constraint on liquidity, growth, and financial stability.
Jun 29, 2026 1 source
