About Heritage Capital Credit Corporation Symbol: HCPC.PK

The Company was organized in 1994 for the purpose of starting a bank and initially it was a licensed lender and originated residential mortgage loans. In 2004, the company reverse merged into a public company and began to focus on facilitating financing for revenue generating commercial real estate.

The company is a holding company that operates through a subsidiary, Independent Capital Credit Corporation ("ICCC"), whose primary services include the BCLOC Program along with traditional financing for revenue producing commercial real estate loans.  ICCC facilitates financing in excess of $500,000.

Related Companies

Independent Capital Credit Corporation ("ICCC") prepares real property and commercial revenue producing assets for funding.  ICCC sells commercial mortgage loans in excess of $500,000 and makes the loans available to investors nationwide. 
ICCC uses unique software to underwrite all of its financing solutions.

Heritage Capital Credit Corporation Describes BCLOC

Heritage Capital Credit Corporation responded to questions at its Annual Shareholders’ Meeting held on October 18, 2007. The number one key question that continues to be asked is “What is the BCLOC and how does it work?”

To address this question and to fully describe the BCLOC in plain language, the following is a comparison of the BCLOC with other lender funding.

In this example, Jane Doe has a business plan and wishes to acquire a commercial asset project (an office building, shopping center, hotel, apartment building, etc.)—in this case an office building with a price tag of $10 million.

The Other Lender Route will necessitate finding a bank or other lender who qualifies her for a loan of perhaps 80% of the commercial asset project, with a down payment of 20% from Jane’s pocket. She will need the services of a real estate lawyer.

What can go wrong after funding? Jane could face default and lose her 20% down payment along with her asset because of insufficient income from the project over several months’ time or because of problems with her business plan, and may need to secure a second mortgage to secure cash flow for the project and to make payments on the first loan. Even so, bankruptcy is always a possibility.

The Heritage BCLOC route will never involve bankruptcy and does not require Jane to post 20% down. Rough spots in cash flow from tenants need not sink Jane’s business plan. Here’s how it works:

Jane’s part: Jane provides Heritage with a letter of agreement showing she has worked out details of the purchase with the seller. Jane pays whatever legal fees, etc., are involved with this part of the process. She also provides Heritage with a business plan for operation of the asset and a signed agreement to acquire the commercial asset project. She will need the services of a securities lawyer with experience in real estate.

The role of Heritage: Once Heritage receives the signed agreement to acquire the commercial asset project and the business plan, Heritage will conduct due diligence of the project.

• Heritage expects to fund the first BCLOC, which will allow the Company to start its stock buy back program.

• Heritage is planning to launch a small commercial mortgage product to fund projects ranging from $500,000 to $1.5 million.

• A new commercial loan, named the TR2 Loan, will be rolled out. It is based on an 80% first mortgage and a 20% second mortgage that is flexible and provides an average interest rate that is lower than the current market rate.

• In early 2008, Heritage will introduce a residential mortgage product to answer the sub- prime crisis.

• Heritage will develop an action plan to merge with its conduit lender that will provide the capital infrastructure for launching new business and funding remaining BCLOCs in the pipeline.

Share structure

AS: 4 billion (as of 5th October 2007)
OS: 2.5 billion (as of December 1st 2007: Stated on HCPC website)
Float: 1.132 B (as of December 1st 2007: Stated on HCPC website)

Heritage Capital Credit Corporation
200 West Ninth Street
Suite 300
Wilmington, DE 19801
United States - Map
Phone: 302-778-4222
Fax: 302-658-5338
Website: http://www.heritagecapitalcreditcorp.com

COMPANY PRESS RELEASES
http://www.heritagecapitalcreditcorp.com/id12.html

Heritage Capital Credit Corporation Financial Statements
http://www.heritagecapitalcreditcorp.com/id5.html

Stocks Reporter has received no compensation in the form of cash or securities for coverage and has no position of BLUE shares.

Great pick HCPC

From DEC 21 PR

—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.

HCPC in 2008 = $$$$$$

0002x.0003 5x5 reversal

Heritage Capital Credit Corporation Posts Fourth Quarter Financials



- Losses increase 2% over 4th Quarter 2006

WILMINGTON, Del., Jan. 18 /PRNewswire-FirstCall/—Heritage Capital
Credit Corporation (Pink Sheets: HCPC) announced today that the Company has
published its Fourth Quarter Financial Statement on
http://www.pinksheets.com and on its website,
http://www.heritagecapitalcreditcorp.com.

The fourth quarter 2007 Financial Statement reflects a fourth quarter
net loss of $246,546, which represents $5,367 more than the fourth quarter
loss of $237,159 at fourth quarter 2006.

Our cost of revenue decreased in 2007 to $177,264 from $184,897 in
2006. This cost decreased due to a reduced management fee paid to a related
company, whose services we use from time to time to review and analyze
applicants’ requests for funding as well as for general corporate purposes.

Expenses on an ongoing basis increased to $58,117 in the fourth quarter
2007 as compared with $47,446 spent in the fourth quarter 2006. This
increase is primarily due to increased legal fees to support pending
transactions.

About Heritage Capital Credit Corporation

The Heritage business model, which is implemented through its
subsidiary, Independent Capital Credit Corporation, is to arrange financing
for real property and commercial revenue producing assets. To date, the
Company has not delivered any projects 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, 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

Heritage Capital Credit Corporation Extends BCLOC Closing for 30 Days



WILMINGTON, Del., Jan. 22 /PRNewswire-FirstCall/—Heritage Capital
Credit Corporation (Pink Sheets: HCPC) today reported that the Company has
granted its customer a 30-day extension, due to additional third-party due
diligence. This extension will expire on February 25, 2008.

On December 21, 2007, we announced that the Company had arranged a
funding commitment for its first commercial project closing, which is
ultimately expected to be rolled into a BCLOC security.

The Company and the customer have shareholders in common.

About Heritage Capital Credit Corporation

The Heritage business model, which is implemented through its
subsidiary, Independent Capital Credit Corporation, is to arrange financing
for real property and commercial revenue producing assets. To date, the
Company has not delivered any projects for funding. Visit our 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

Heritage Capital Credit Corporation Arranging $170 Million Financing



WILMINGTON, Del., Feb. 5 /PRNewswire-FirstCall/—Heritage Capital
Credit Corporation (Pink Sheets: HCPC) today announced that it is arranging
short-term financing of $170 million for a commercial revenue producing
project. An independent third party lender has issued the letter of
interest for financing and anticipates scheduling the closing upon
completion of its due diligence. This financing is expected to ultimately
roll into the BCLOC program.

On December 21, 2007, the Company announced that it had arranged a
funding commitment through an independent third party lender for a $6
million commercial revenue producing project. This transaction is expected
to close on or before February 25, 2008.

About Heritage Capital Credit Corporation

The Heritage business model, which is implemented through its
subsidiary, Independent Capital Credit Corporation, is to arrange financing
for commercial revenue producing assets. To date, none of the funding
arrangements have closed. For more information, visit the Company 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, VP
Tel. 302-778-4222
Email:

SOURCE Heritage Capital Credit Corporation

Heritage Capital Credit Corporation Provides BCLOC Program Update



WILMINGTON, Del., Feb. 12 /PRNewswire-FirstCall/—Heritage Capital
Credit Corporation (Pink Sheets: HCPC) plans to provide weekly updates on
the status of the BCLOC Program on the website:
http://www.independentcapitalcreditcorp.com. The information will include
new financings that enter the pipeline and progress reports on a weekly
basis, beginning February 15, 2008.

Currently, the Company is arranging financing for six separate
applicants who are expected to submit business plans that include revenue
producing projects such as office buildings, apartment buildings and
hotels. Financing for each project will include an independent third party
lender’s involvement. The financing is expected to ultimately roll into the
BCLOC program.

About Heritage Capital Credit Corporation

The Heritage business model, which is implemented through its
subsidiary, Independent Capital Credit Corporation, is to arrange financing
for commercial revenue producing assets. To date, none of the funding
arrangements have closed. 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

Heritage Capital Credit Corporation Closes $11.1 Million for BCLOC Program



WILMINGTON, Del., Feb. 26 /PRNewswire-FirstCall/—Heritage Capital
Credit Corporation (Pink Sheets: HCPC) today announced the closing of two
financings totaling $11.1 million for its BCLOC Program.

The first transaction was for $808,000.00, which closed on February 22,
2008. This included a separate $234,000 renovation loan for a small hotel.
The funding for this hotel will commence upon the first construction draw
for renovation.

The second transaction for the commercial office building closes in two
phases. The first phase closed today for $10,307,000. The second phase is
for $5,500,000, which was arranged by the Company through an independent
third party lender. The funding is scheduled to commence on March 7, 2008.

Both loans were closed as part of the BCLOC Program.

Weekly updates on the status of the BCLOC Program are provided on the
website: http://www.independentcapitalcreditcorp.com. The information will
include new financings that enter the pipeline and progress reports.

About Heritage Capital Credit Corporation

The Heritage business model, which is implemented through its
subsidiary, Independent Capital Credit Corporation, is to arrange financing
for real property and commercial revenue producing assets.

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