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Manhattan Bridge Capital, Inc (LOAN)

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Last Post: 4/19/2018 9:13:21 AM - Followers: 5 - Board type: Free - Posts Today: 0

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" The Company 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. Lending Strategies 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
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LOAN News: Manhattan Bridge Capital, Inc. Declares Quarterly Dividend 04/19/2018 07:00:00 AM
LOAN News: Manhattan Bridge Capital, Inc. Reports First Quarter Results 04/16/2018 07:05:00 AM
LOAN News: Quarterly Report (10-q) 04/16/2018 07:03:12 AM
LOAN News: Current Report Filing (8-k) 03/28/2018 07:01:16 AM
LOAN News: Manhattan Bridge Capital, Inc. Announces Payment of Quarterly $0.12 per Share Dividend 03/27/2018 07:00:00 AM
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#165   Manhattan Bridge Capital, Inc. Declares Quarterly Dividend PyschoNoobStock 04/19/18 09:13:21 AM
#164   Press Release: Manhattan Bridge Capital, Inc. Declares Quarterly Dividend PyschoNoobStock 04/19/18 09:12:40 AM
#163   Up $7.45! PyschoNoobStock 04/18/18 01:51:27 PM
#162   Slap Slap Slap!!! PyschoNoobStock 04/18/18 01:19:06 PM
#161   Weee!!!!!!!!!!!!!!!!! PyschoNoobStock 04/18/18 01:17:59 PM
#160 PyschoNoobStock 04/18/18 01:17:25 PM
#159   My bad.. Last high was $7.65 BACK IN PyschoNoobStock 04/18/18 01:15:58 PM
#158   .10 more cent away from new high in PyschoNoobStock 04/18/18 01:12:00 PM
#157   Up $7.40.. We are gonna see new high PyschoNoobStock 04/18/18 01:10:02 PM
#156   UP $7.35! SOON VERY SOON!! PyschoNoobStock 04/18/18 12:59:16 PM
#155   Look like we are setting up to go PyschoNoobStock 04/18/18 10:26:32 AM
#154   Manhattan Bridge Capital Q1 Meets Estimates on EPS PyschoNoobStock 04/16/18 12:16:48 PM
#153   BRIEF-Manhattan Bridge Capital, Inc. Reports Q1 Earnings Per PyschoNoobStock 04/16/18 12:16:23 PM
#152   Manhattan Bridge Capital, Inc. Reports First Quarter Results PyschoNoobStock 04/16/18 12:15:45 PM
#151   Chart: PyschoNoobStock 04/09/18 02:35:59 PM
#150   UP $7.30! THIN up to $7.55! PyschoNoobStock 04/09/18 10:56:01 AM
#149   Boom! UP $7.25!! 35 more cent until break PyschoNoobStock 04/09/18 10:43:49 AM
#148   Here come break new high in company history PyschoNoobStock 04/06/18 03:44:55 PM
#147   Here we go! We are gonna see PyschoNoobStock 04/06/18 03:44:24 PM
#146   Boom.. Soon break new high.. PyschoNoobStock 04/05/18 02:04:32 PM
#145   Soon we will see break new high.. Strong PyschoNoobStock 04/04/18 11:19:11 AM
#144   Press Release: Manhattan Bridge Capital, Inc. Announces Payment PyschoNoobStock 03/27/18 08:35:13 AM
#143   Look like we are going higher! PyschoNoobStock 03/23/18 10:24:17 AM
#142   UP $7.00! .60 cents left away from PyschoNoobStock 03/23/18 09:31:51 AM
#141   Boom! Up $6.95 and thin to $7.40 PyschoNoobStock 03/22/18 02:50:16 PM
#140   Word on street $sach fins are going to Wormking777 03/22/18 02:45:55 PM
#139   Yes I have to agree. I just drogocop 03/22/18 02:37:52 PM
#138   Take a look at $sach . Same type Wormking777 03/22/18 01:57:01 PM
#137   Boom up $6.90! PyschoNoobStock 03/22/18 09:46:55 AM
#136   Boom Coming.. PyschoNoobStock 03/21/18 01:19:40 PM
#135   Up $6.70! PyschoNoobStock 03/21/18 12:48:39 PM
#134   Looking good! Bayguy 03/19/18 06:01:01 PM
#133   Manhattan Bridge Capital, Inc. Reports Results for 2017Net PyschoNoobStock 03/19/18 09:30:30 AM
#132   UP $6.50.. Break out coming.. PyschoNoobStock 03/16/18 01:08:36 PM
#131   Up $6.45! PyschoNoobStock 03/16/18 12:07:30 PM
#130   Broke new high $6.40.. Weee!!!!!!!!!!!! PyschoNoobStock 03/12/18 09:58:12 PM
#129   Breakout coming. . PyschoNoobStock 03/12/18 10:27:55 AM
#128   Break $6.30 then up to $7.00 PyschoNoobStock 03/05/18 01:23:39 PM
#127   BOOOM!!!!!!!!!!!!! PyschoNoobStock 02/27/18 03:36:20 PM
#126   Here we go!! UP, Up, and UP! PyschoNoobStock 02/27/18 03:34:34 PM
#125   Finally Broke new high! PyschoNoobStock 02/27/18 02:56:03 PM
#124   Hey, good to hear from you PNS. JJ8 02/09/18 02:10:10 PM
#123   Long time no see.. We going up! PyschoNoobStock 02/09/18 10:44:45 AM
#122   BOOM! PyschoNoobStock 02/09/18 10:43:15 AM
#121   Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) announced today that PyschoNoobStock 02/07/18 02:28:52 AM
#120   Ive been here for almost 7 years.. Still PyschoNoobStock 12/19/17 08:47:31 AM
#119   It's a sucker stock. Very risky and the bar1080 10/27/17 09:58:34 AM
#118   Ive been here for 5 years.. yes only PyschoNoobStock 10/27/17 09:40:16 AM
#117   Does Loan still have just four employees? Huge bar1080 10/26/17 11:51:26 PM
#116   Manhattan Bridge Capital, Inc. Declares an Increased Quarterly PyschoNoobStock 10/23/17 08:56:22 AM