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Incorporated in 1994, in the state of Delaware, Independent Capital Credit Corporation ("ICCC", "Independent"
or the "Company") is a Wilmington, DE based company. Independent blends highly personalized service with a technology
platform. We are establishing ourselves as an innovator of financing products and services to mid-size businesses.
ICCC offers the BCLOC Program along with traditional financing for revenue producing assets, such as commercial
real estate projects, in excess of $500,000
Our first funding occured on February 28, 2008!
BCLOC
- The BCLOC is a credit facility for a newly created corporation for the purpose of acquiring revenue producing assets,
such as commercial properties in excess of $10 million. The BCLOC offers up to 100% for corporate financing
that holds real estate. financing along with cash equity growth throughout the life of the credit facility. The
BCLOC uses a combination of credit platforms to prevent default.
Traditional Commercial Financing
- The Company offers traditional financing for commercial mortgage loans in excess of $500,000 up to $25 million.
These loans are up to 90% loan to value ratio, and a minimum debt service ratio of 1.25.
The Company has licensed software that provides the platform for underwriting, servicing, and securitizing commercial property
financing.
The Company's parent company is Heritage Capital Credit Corporation.
(OTC : HCPC)
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