A company must have an asset that the lender would be able to recoup funds with if the borrower were to default on the loan. Industries that would qualify are manufacturers, temporary employment agencies, and various types of retail sellers. Businesses that would not qualify are professionals (i.e. Attorneys, CPAs), medical industry and construction. These would not qualify, because there is no tangible asset to guarantee payment. Usually, these industries would have a contract stipulating what requirements must be met in order to receive payment. An ABL line would require a hard transaction that guarantees an amount is rightfully owed.