FE Aspire: How MSMEs can overcome challenges related to credit, payments

Raising bank credit and getting payments from their buyers on time are among the key challenges MSMEs face. Despite government efforts, a number of small businesses have still been unable to overcome them. Mukesh Mohan Gupta, President of MSME association Chamber of Indian Micro, Small & Medium Enterprises (CIMSME) and CEO of Nodefaulters.com explains how MSMEs can ease their way to credit access and solve the delayed payments problem.