Manhattan Bridge Capital offers short-term, secured, non–banking or “hard money” loans to real estate investors in Brooklyn, Queens, Bronx, Manhattan and Staten Island as well as Long Island and Westchester county to fund their acquisition of properties located in the New York Metropolitan area. The loans are principally secured by collateral consisting of real estate and, generally, accompanied by personal guarantees from the principals of the businesses. The loans are generally for a term of one year. Most of the loans provide for receipt of interest only during the term of the loan and a balloon payment at the end of the term.
"Rated #1 Hard Money Lender in NYC"
Established in 1989 by Assaf Ran, Manhattan Bridge Capital, Inc.
(Nasdaq – “LOAN”) has been a publicly traded company since 1999.
MBC is a "hard money" lender in New York Metropolitan area and is known to close its deals in a very short period of time.
In most cases the client will have cash in his/her possession in 3-10 business days.
We offer very competitive rates, professional services and flexibility to accommodate unique situations.
We are motivated by integrity and reliability.
Our strategy is to generate above average, consistent returns while maintaining low risk
We pay careful attention to asset and cash flow protection and the high net worth of principals
in order to generate consistent and stable returns
Disciplined underwriting, due diligence, deal structuring and portfolio management provide downside protection
We seek unique and time sensitive opportunities that are underserved by existing lenders
Capital preservation is of greatest importance to us through all steps of the investment and asset management process
Hard Money Lender in Queens, Brooklyn, Bronx, SI, Manhattan
Manhattan Bridge Capital specializes in hard money loans to professional real estate investors, focusing on three types of properties:
Loans to finance purchases and repairs for the purpose of quick sales (also knows as fix and flip)
Loans for new construction of one to three family homes
Bridge loans to purchase small income producing properties
Loans typically range from $50,000 to $1,100,000, and mature in less than one year.
Borrowers are required to pay interest only on a monthly basis and the principal at maturity.
We insist on a first mortgage position and personal guarantees from the principals of the borrower.
In addition, we request, as added collateral, the equity position of the borrower’s principals in the borrower.
We will lend up to 65% of the appraised value of asset collateral. We have never had a loan default.
Mr. Assaf Ran, CEO and Chairman of the Board
Ms. Vanessa Kao, CFO
Mr. Ronen Shiponi Esq., Legal Adviser
Mr. Arie Goren, Certified Appraiser
Mrs. Sagit Mamanne, Loans Initiator
Mr. Mark Alhadeff, Member of the Board
Mr. Phillip Michaels, Member of the Board
Mr. Michael Jackson, Member of the Board
Mr. Eran Goldshmit, Member of the Board
Mr. Lyron Bentovim, Member of the Board
Accounting auditing firm, Hoberman, Goldstein & Lesser CPA PC
SEC and Corporate Legal advisers, Morse, Zelnick, Rose & Lender