Replies to post #67962 on Protective Capital Structures Corp. (fka PCSO)

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Heritage Capital Credit Corporation Provides BCLOC Program Update
Date : 02/12/2008 @ 11:38AM
Source : PR Newswire
Stock : (HCPC)
Quote : 0.0001 -0.0001 (-50.00%) @ 12:56PM
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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.