Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The company's loans are primarily secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Manhattan Bridge Capital, Inc. was founded in 1989 and is headquartered in Great Neck, New York.
New York Hard Money Lender. Manhattan Bridge Capital (Nasdaq: LOAN) Rated #1 in NYC offers short-term, secured, fix and flip loans, private loans, bridge loans, non–banking or hard money loans to real estate investors in New York, 5 NYC Boroughs (Brooklyn, Queens, Bronx, Manhattan, Staten Island), Long Island (Nassau, Suffolk Counties), Hudson Valley, Rockland, Westchester counties, to fund their acquisition of properties located in New York, New Jersey, Connecticut, Florida.