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: info@heritagecapitalcreditcorp.com

SOURCE Heritage Capital Credit Corporation

Richard Razzeca, VP of Heritage Capital Credit Corporation, +1-302-778-4222,
info@heritagecapitalcreditcorp.com