BNET Industries

Heritage Capital Credit Corp.

is in the Financial Services Industry

Last Fiscal Year Sales:$17.5M
  • Private
  • US
Dow Jones Description

The Heritage business model, which is implemented through its subsidiary, Independent Capital Credit Corporation, is to facilitate financing for revenue producing real propety assets. Funding sources may include institutional investors and conduit lenders that use securitization. To date, no projects have been funded. Using proprietary software and finance modeling techniques, the Company can underwrite real property and commercial projects based on cash flows for its BCLOC Program. To date, no securities have been delivered. Independent Capital Credit Corpoartion also facilitates revenue producing commercial real estate financing in excess of $500,000. Financial Backing: - The Financial Backing comes from its current shareholders who have funded the early stages of development of the Company's operations. Heritage Capital Credit Corporation is a publicly traded company quoted on the Pink Sheets under the Symbol "HCPC".

Chairman of the Board and CEO
Gwendolyn Carol Johnson
Number of Employees 34
Contact Information

1300 N Market St Ste 304

Wilmington, Delaware 19801

heritagecapital...

1 302 225 8160

NAICS Code Consumer Lending: 522291

News & Analysis

heritage capital credit corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Sandra Kaufmann Battaglia Senior Vice President, Transactions for First Inde
Johanna W Daye Vice President and Director of Marketing
R Lawrence Braddock Vice President and Director of Asset Management
Richard L Razzeca Vice President, Capital Markets
James M Cloud Director
Prashant J Patel Director

Board of Directors

Name (plus bio) Position
Gwendolyn Carol Johnson Chairman of the Board and CEO

Organization Position Status
Heritage Capital Credit Corporation Chairman of the Board and CEO Current
First Independent Financial Group Director, President and CEO Current
Heritage Capital Credit Corporation Owner Current
First Independent Financial Group Board of Directors Current
GMAC Mortgage Corporation Senior Vice President Former
Federal Home Loan Bank of Cincinnati Inc. Vice President Former
University of Cincinnati MA Degrees Former
University of Cincinnati BA Former

Organization Position Status
Heritage Capital Credit Corporation Senior Vice President, Transactions for First Inde Current

Organization Position Status
Heritage Capital Credit Corporation Vice President and Director of Marketing Current

In this position, Mr. Razzeca oversees the relationships with Capital Markets Consultants; Institutional Investors, Market Makers and Vendors. Rick has with 17 years experience in financial services, working for Beneficial, now a subsidiary of HSBC and Prudential Financial. Rick has spent the last 4 years as President of RLR Financial Services and RLR Consulting, brokering both residential and commercial loans, serving as issuer agent on small IPO's and consulting for firms gearing up for private placements. He has established relationships with retail mortgage originators, banks and realtors and has conducted specialized business education and training through Beneficial Management Institute. Rick holds a BA in Economics from Westminster College.

Organization Position Status
Heritage Capital Credit Corporation Vice President and Director of Asset Management Current
Heritage Capital Credit Corporation Board of Directors Current

Organization Position Status
Heritage Capital Credit Corporation Vice President, Capital Markets Current

Mr. Cloud is a writer and a pioneer in natural health education, including co-founder 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 his 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 a Heritage Shareholder. Mr. Cloud received his B.A. degree from the University of North Carolina at Chapel Hill (1970).

Organization Position Status
Heritage Capital Credit Corporation Director Current
The University of North Carolina at Chapel Hill B.A. Degree Former

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 a strong business acumen and knowledge of small cap equities to the Board.

Organization Position Status
Heritage Capital Credit Corporation Director Current
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