Heritage Cap Reports $300M Funding

Heritage Capital Credit Corp., which engages in commercial real estate lending through its subsidiary Independent Capital Credit Corp., has announced that an institutional investor will purchase up to $300 million in BCLOC Trust Notes to fund commercial projects.The BCLOC Trusts can buy the commercial property assets originated by Independent Capital, Heritage said. The company and its subsidiary can be found on the Web at http://www.heritagecapitalcreditcorp.com and http://www.independentcapitalcreditcorp.com.

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