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The Difference Between Revolving Credit vs Line of Credit
Revolving Credit vs. Line of Credit: An Overview Revolving credit and a line of credit are financing arrangements made between a lending institution and a business or an individual. The lender provides access to funds that the borrower can use at his discretion; it's like a flexible, open-ended loan. In fact, a revolvi
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The High Cost Of Inaction: Why Safety Is The New Frontier Of Financial Risk
Today, another source of business risk is attracting increased attention: the financial burden of safety-related incidents.
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4 Ways Your Business Stands To Benefit From Live-Streaming Video
STEVE WASTERVALWhen was the last time your business did a live-stream? Be honest…If you haven’t answered already, then you might be on the fast track towards a dead-end. I get it — not everyone is a natural star on camera. Don’t let a little insecurity stop you from utilizing one of the hottest (and most effective) too
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How Advisors Keep Families From Feuding In Estate Planning Meetings
In popular culture, scheming family members often vie to inherit money from a rich relative. Tempers flare, fights break out and aggrieved plotters stew in anger. That level of drama rarely plays itself out in reality. Instead, advisors seek to bring families together to discuss estate planning in a calm, respectful ma
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5 Things to Do as Your Retirement Date Approaches
If you're among the nearly 5.6 million Americans who retire every year, here are five ways to make retirement easier.
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Employee financial stress: How to recognize and address this growing workplace problem
Employers are starting to realize the impact of employee financial stress, for good reason — there is a direct correlation between the economic health of employees and the companies they work for. Since nearly 60 percent of employees in the U. S. say they are financially stressed—more than all other life stressors comb
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Four Key Elements of a Good Estate Plan
The type of estate plan you have depends on your personal situation. But here are four basic elements every plan should include
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How to use cyber insurance to better transfer risk
However comprehensive a healthcare organization’s cybersecurity measures, there is still a need to transfer risk with cyber insurance as a tool to manage exposure. Healthcare organizations are beginning to look to insurance or cyber risk transfer programs as a way to shift the risks, not just as a solution for balance
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Not All Inheritance Trusts Are Created Equally
When it comes to inheritance, some clients are convinced that their parents have made proper arrangements on their behalf. Even when parents have used qualified lawyers and other advisors to do this, we always recommend “double checking” to make sure that any inheritance that might be received will be under an appropri
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14 Ways to Build Business Credit
In order to build a successful business, you need more than just a great idea. You also need good credit. Old National Bank is here to help with Business credit needs