LOAN - Manhattan Bridge Capital Inc.

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Manhattan Bridge Capital, Inc., operating as a specialized real estate finance firm, focuses on originating, servicing, and managing a diverse portfolio of first mortgage loans across strategic locations in the United States. Primarily serving real estate investors, the company provides short-term, secured loans tailored to fund property acquisitions, renovations, rehabilitations, and enhancements in key markets such as the New York metropolitan area, encompassing New Jersey, Connecticut, and extending into Florida.

These loans are secured by collateral primarily comprising real estate properties, bolstered by personal guarantees from the borrowers' principals. As a designated real estate investment trust (REIT) for federal income tax purposes, Manhattan Bridge Capital benefits from favorable tax treatment, provided it distributes a minimum of 90% of its taxable income to its shareholders annually, thus potentially exempting the company from federal corporate income taxes.

Founded in 1989 and headquartered in Great Neck, New York, the company has established a robust presence in the competitive real estate financing sector. Leveraging its extensive experience and strategic insights, Manhattan Bridge Capital continues to uphold its commitment to delivering specialized financial solutions tailored to the evolving needs of real estate investors in its targeted geographic markets. With a focus on risk management and customer satisfaction, the firm remains dedicated to sustaining growth and enhancing shareholder value through prudent lending practices and strategic market expansion initiatives.

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