HCPC — Heritage Capital Credit Corp. 
Posted: 09 August 2007 07:23 AM  
Master
Total Posts  220
Joined  2007-07-29

Aug 7, 2007

Wilmington, DE — Wilmington, DE - August 7, 2007- Heritage Capital Credit Corporation (OTC: HCPC) announced today that James M. Cloud and Prashant J. Patel have joined the Heritage Board of Directors.

Heritage named Mr. Cloud and Mr. Patel to the Heritage Board of Directors on August 6, 2007 to fill two independent member vacancies. Their terms will be confirmed on October 18, 2007, at the annual Shareholders Meeting.

Mr. Patel has extensive experience in loan originations, finance and public relations. He has served as a stockbroker with a Series 7 License, worked as a public relations coordinator for small cap equities and owned and managed retail food establishments in Florida. Mr. Patel brings strong business acumen and knowledge of small cap equities to the Board.

Mr. Patel currently resides in Florida, where he trades his personal investment portfolio and originates real estate loans. He is also Heritage Shareholder.

Mr. Patel received his B.B.A. degree in Finance and Investments from the Baruch College in New York, (1988).

Mr. Cloud is a writer and a pioneer in natural health education, including the co-founding of the Wholistic Health & Nutrition Institute (W.H.N.) in Mill Valley, California. He has extensive education and experience in convalescent hospital administration and is President of Ravensbread Inc., through which he plans to direct his future publishing plans. His first novel is being readied for publication. Mr. Cloud brings strong writing and communications skills to the Board.

Mr. Cloud is a native of North Carolina, now living in California finishing two novels and trading a personal investment portfolio. He is also a Heritage Shareholder.

Mr. Cloud received his B.A. degree from the University of North Carolina at Chapel Hill, (1970).

About Heritage Capital Credit Corporation

The Heritage business model, which is implemented through its subsidiary, Independent Capital Credit Corporation, is to process, originate, and prepare real property and commercial assets for securitization. Once securitized, they can be delivered to investors for funding. Using proprietary software and loan modeling techniques, Heritage can underwrite real property and commercial projects based on cash flows.

Safe Harbor

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company’s behalf. All statements, other than statements of historical facts which address the company’s expectations of sources of capital or which express the company’s expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its business plans and consummate the proposed acquisition, actual results may differ materially from the expectations expressed in the forward-looking statements.

Contact:
Heritage Capital Credit Corporation
Email: or
Mark Taggatz, WSMG, Tel: 760-329-4169

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Posted: 30 October 2007 07:37 PM  
Junior Member
Total Posts  2
Joined  2007-10-29

Heritage Capital Credit Corporation Expands Product Line to Include Traditional Commercial Loans



WILMINGTON, Del., Oct. 30 /PRNewswire-FirstCall/—Heritage Capital
Credit Corporation (Pink Sheets: HCPC) announces the expansion of its
commercial mortgage products and its funding sources. The Company has
established a new division that offers a broad spectrum of commercial loan
programs that range in size from $1,500,000 to $20,000,000.
The Company’s funding sources will include other conduit lenders,
national banks and REITs that fund traditional commercial loans. These
commercial loan programs will move Heritage into the financial marketplace
where it will have access to some of the nation’s largest commercial loan
investors.
Richard L. Razzeca, Vice President, will head this new division that
will offer the traditional commercial loans.
The Company’s subsidiary, Independent Capital Credit Corporation will
begin accepting and processing applications on November 1, 2007. Acceptable
property types include:
— Multifamily Apartments
— Office Buildings
— Retail
— Hotels
— Industrial
— Mixed Use
— Commercial and Retail Condominiums
More information will be posted on the website:
http://www.independentcapitalcreditcorp.com, where applications will be
accepted via email or they may be faxed (302-778-1048). With general
property financial data, we can pre-qualify a commercial property for
funding. No application fee is required.
The Company’s flagship product, the BCLOC, which provides 100%
financing for commercial projects ranging from $10 million to $70 million,
will continue to remain in the forefront of its loan products. To date, the
Company has not delivered any projects for funding.
About Heritage Capital Credit Corporation
The Heritage business model, which is implemented through its
subsidiary, Independent Capital Credit Corporation, is to prepare real
property and commercial revenue producing assets for funding.
Safe Harbor
The Private Securities Litigation Reform Act of 1995 provides a safe
harbor for forward-looking information made on the company’s behalf. All
statements, other than statements of historical facts which address the
company’s expectations of sources of capital or which express the company’s
expectation for the future with respect to financial performance or
operating strategies, can be identified as forward-looking statements. Such
statements made by the company are based on knowledge of the environment in
which it operates, but because of the factors previously listed, as well as
other factors beyond the control of the company, which include the ability
of the company to implement its business plans and consummate the proposed
acquisition, actual results may differ materially from the expectations
expressed in the forward-looking statements.
Contact:
Heritage Capital Credit Corporation
Richard Razzeca, Vice President
Tel: 302-778-4222
Email:

SOURCE Heritage Capital Credit Corporation

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Posted: 07 November 2007 03:54 PM  
Master
Total Posts  374
Joined  2007-07-26

Heritage Capital Credit Corporation Accepting Applications for Traditional Financing for Commercial Projects



WILMINGTON, Del., Nov. 7 /PRNewswire-FirstCall/—Heritage Capital
Credit Corporation (Pink Sheets: HCPC) announced that it has a funding
source for traditional financing for commercial projects that range in size
from $1,500,000 to $20,000,000.
Applications must be received on or before November 13, 2007, in order
to be considered for funding prior to December 31, 2007. Commercial
property types include multifamily apartments, office buildings, hotels,
retail, industrial and mixed use buildings.
Visit the website: http://www.independentcapitalcreditcorp.com,
“Traditional Financing” and apply via email or fax your information
(302-778-1048). No application fee is required.
The Company will continue to accept applications for its flagship
product, the BCLOC, which is corporate financing that provides 100% funding
for commercial projects ranging from $10 million to $70 million. The BCLOC
will continue to remain in the forefront of the Company’s loan products. To
date, the Company has not delivered any projects for funding.
About Heritage Capital Credit Corporation
The Heritage business model, which is implemented through its
subsidiary, Independent Capital Credit Corporation, is to prepare real
property and commercial revenue producing assets for funding. For more
information visit the website at: http://www.heritagecapitalcreditcorp.com.
Safe Harbor
The Private Securities Litigation Reform Act of 1995 provides a safe
harbor for forward-looking information made on the company’s behalf. All
statements, other than statements of historical facts which address the
company’s expectations of sources of capital or which express the company’s
expectation for the future with respect to financial performance or
operating strategies, can be identified as forward-looking statements. Such
statements made by the company are based on knowledge of the environment in
which it operates, but because of the factors previously listed, as well as
other factors beyond the control of the company, which include the ability
of the company to implement its business plans, actual results may differ
materially from the expectations expressed in the forward-looking
statements.
Contact:  Heritage Capital Credit Corporation
Richard Razzeca, Vice President
Tel: 302-778-4222
Email:

SOURCE Heritage Capital Credit Corporation

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Posted: 21 December 2007 10:41 AM  
Member
Total Posts  14
Joined  2007-12-20

Heritage Capital Credit Corporation Provides BCLOC Program Update



WILMINGTON, Del., Dec. 21 /PRNewswire-FirstCall/—Heritage Capital
Credit Corporation (Pink Sheets: HCPC) provides the following update on the
status of the BCLOC Program.

—The Company has arranged a funding commitment for its first commercial
project that will ultimately be put into a BCLOC security. The
transaction is in the amount of approximately $6,000,000 and is
expected to close on or before January 22, 2008.

—The Company has endeavored to reaffirm the interest of the original
applicants for the $740 million in the BCLOC Program. To date, we have
more than $740 million in requests for funding. Although some of the
original applicants no longer desire funding, their funding allocations
have been requested by other original applicants.

—The Company plans to extend the delivery of the BCLOC applications for
funding to the first half of 2008, due to the severity of the credit
market crises and the number of incomplete BCLOC applications.

About Heritage Capital Credit Corporation

The Heritage business model, which is implemented through its
subsidiary, Independent Capital Credit Corporation, is to prepare real
property and commercial revenue producing assets for funding. To date, the
Company has not delivered any projects for funding. For more information,
visit the website: http://www.heritagecapitalcreditcorp.com.

Safe Harbor

The Private Securities Litigation Reform Act of 1995 provides a safe
harbor for forward-looking information made on the company’s behalf. All
statements, other than statements of historical facts which address the
company’s expectations of sources of capital or which express the company’s
expectation for the future with respect to financial performance or
operating strategies, can be identified as forward-looking statements. Such
statements made by the company are based on knowledge of the environment in
which it operates, but because of the factors previously listed, as well as
other factors beyond the control of the company, which include the ability
of the company to implement its business plans, actual results may differ
materially from the expectations expressed in the forward-looking
statements.

Contact: Heritage Capital Credit Corporation

Richard Razzeca, VP, Tel: 302-778-4222

Email:

SOURCE Heritage Capital Credit Corporation

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Posted: 01 January 2008 12:25 PM  
Moderator
Total Posts  124
Joined  2007-07-26

Stocks Reporter January pick ** HCPC **

http://www.stocks-reporter.com/index.php/forums/viewthread/1151/

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Posted: 13 March 2008 11:14 AM  
Master
Total Posts  374
Joined  2007-07-26

Heritage Capital Credit Corporation Posts 2007 Year End Preliminary Financials



- A Reduction in Losses and
- Projection of Positive Earnings for First Quarter 2008 Financial Report

WILMINGTON, Del., March 13 /PRNewswire-FirstCall/—Heritage Capital
Credit Corporation (Pink Sheets: HCPC) published its 2007 year end
preliminary unaudited financial statements, whereby its net losses per
share in 2007 were ($0.0003) versus ($0.0044) in 2006.

The year end preliminary unaudited financial statements reflect a 2007
year end loss of $701,654 or a reduction of $4,516 from its restated 2006
year loss of $706,170.

In events subsequent to the year end financial statements, Heritage
closed on two transactions, in late February 2008. These closings are
projected to show positive financial performance in the 2008 first quarter
financial statements, which will be published in early April 2008.

To view the year end Financial Statement, visit
http://www.heritagecapitalcreditcorp.com or http://www.pinksheets.com.

About Heritage Capital Credit Corporation

The Heritage business model, which is implemented through its
subsidiary, Independent Capital Credit Corporation, is to prepare real
property and commercial revenue producing assets for funding. To date, the
Company has closed two transactions and is working with four additional
applicants.

Safe Harbor

The Private Securities Litigation Reform Act of 1995 provides a safe
harbor for forward-looking information made on the company’s behalf. All
statements, other than statements of historical facts which address the
company’s expectations of sources of capital or which express the company’s
expectation for the future with respect to financial performance or
operating strategies, can be identified as forward-looking statements. Such
statements made by the company are based on knowledge of the environment in
which it operates, but because of the factors previously listed, as well as
other factors beyond the control of the company, which include the ability
of the company to implement its business plans, actual results may differ
materially from the expectations expressed in the forward-looking
statements.

Contact:  Heritage Capital Credit Corporation
Richard Razzeca, VP
Tel: 302-778-4222
Email:

SOURCE Heritage Capital Credit Corporation

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