Why a B2B collection agency is different from a consumer collection agency
Consumer collection agencies chase individuals for loans and credit cards with call-centre pressure. B2B dues are different: your buyer is a company you may want to keep, the amounts are larger, and the law gives you specific tools. The MSMED Act lets registered suppliers claim compound interest at three times the RBI bank rate and take the buyer to the Facilitation Council; Section 138 makes a bounced cheque a criminal offence; summary suits recover fixed sums on invoices quickly.
FundRaksha is built around those tools. Every Lucknow case is handled by an enrolled advocate, not an agent, and every step (notice, calls, settlement, filing) is documented so it stands up if the matter is heard.
Recovering B2B dues in Lucknow: what is specific here
As Uttar Pradesh’s capital, Lucknow has a large base of contractors and suppliers to government departments, hospitals and infrastructure projects, where bills are approved slowly rather than refused. Chikan garment units in Chowk and Aminabad sell to retailers nationwide on credit. MSME Samadhaan applies to government buyers, and the Facilitation Council sits in the state.
Main industries: chikan embroidery and garments, government and PSU supply, construction and infrastructure, pharma distribution and education services.
Courts: Chief Judicial Magistrate and Judicial Magistrate courts, Lucknow, for Section 138; District Court, Lucknow, and its Commercial Court for recovery suits.
MSME claims: Udyam-registered micro and small suppliers in Lucknow file on MSME Samadhaan, heard by the Uttar Pradesh Micro and Small Enterprises Facilitation Council (Directorate of Industries, Government of Uttar Pradesh, Kanpur). The Council sits where the supplier is, so a Lucknow supplier can pursue a buyer in another state from home.
What Lucknow suppliers get that a local collection agent cannot offer
- Legal weight. A notice signed by an advocate, sent within 24 hours, carries consequences a reminder call does not.
- Statutory interest. For Udyam-registered suppliers, interest at three times the bank rate on delayed payments, claimed through the Uttar Pradesh Micro and Small Enterprises Facilitation Council.
- No upfront cost. 30% only on what is recovered, so the agency’s interest is the same as yours.
- Professional tone. Your buyer relationship is protected; most buyers pay and keep buying.
- Pan-India reach from Lucknow. Buyers in any state are pursued digitally and through local advocates.
How recovery works for a business in Lucknow
- Free consultation and case assessment. Send us the invoice, purchase order or delivery proof and the buyer’s messages. We tell you what is recoverable and how.
- Dedicated advocate within 24 hours. Your advocate sends a legal notice as an e-notice the same day and by registered post, with proof of delivery saved.
- Negotiation and settlement. The advocate calls the buyer, explains the consequences and agrees a payment plan. About 60% of our cases close here.
- Filing if needed. MSME Samadhaan before the Uttar Pradesh Micro and Small Enterprises Facilitation Council, a Section 138 complaint in the Lucknow magistrate courts, a summary suit or arbitration, handled by the same advocate.
You pay nothing upfront. Our fee is 30% of the amount actually recovered; if nothing is recovered there is no fee. Court fees, where a matter is filed, are borne by you and told to you in advance.