Charles Spinelli

  itockphoto.com Charles Spinelli: The Workings of Workers' Compensation According to Charles Spinelli, workers' compensation, otherwise called "workers' comp," is a program that offers and provides benefits to workers who are ill or injured on the job. It is a disability insurance program that provides healthcare benefits, cash benefits, or both to workers who suffer illness or injury as a direct result of doing their jobs. In the United States, individual states typically handle workers' compensation. The required benefits vary from state to state. Texas is currently the only state not requiring employers to provide workers' compensation insurance. Charles Spinelli mentions that not all employees are covered in several states. Some states, for instance, exclude small businesses. Other states have different requirements for various industries. Under workers' compensation, the salary replacement paid to an employee is normally less than the worker'...

images.pexels.com Charles Spinelli: Getting a Business Line of Credit A business line of credit is a revolving credit that gives you access to a predetermined amount of money as needed. A business line of credit can be best for managing ongoing expenses and cash flow; you can tap into it up to a predetermined limit. With this line of credit, you only have to pay interest on the cash you borrow, and any unused credit doesn't accrue interest, adds Charles Spinelli. Like a business loan, a business line of credit can be secured (with collateral) or unsecured. Here are three steps to get a business line of credit. Decide How Much Money You Need When applying for a business line of credit, it's important to determine how much credit you need, says Charles Spinelli. Available loan amounts typically range from $2,000 to $250,000, depending on the lender. Because you only pay interest on what you use, asking for a higher credit limit than you'll likely need is acceptable. If you ne...