Enhancing liquidity to the business by transforming account receivable into cash. Factoring is the format of short term financing by purchasing of account receivables from the business on post-shipment basis with credit term up to 180 days and having assignment of right to receive proceed from counterparty as collateral. Factoring can be discounted upfront with UOB at the level of 70-90% of the value of account receivable and the business will receive the remaining amount from UOB once the counterparty has settled the obligation with UOB on due date.