Manhattan Bridge Capital (NASDAQ: LOAN) — Company Overview, News & Financial Data
Manhattan Bridge Capital provides short-term secured loans to real estate investors in New York, filling gaps left by banks.
Manhattan Bridge Capital
Manhattan Bridge Capital (NASDAQ:LOAN) specializes in short-term, secured, non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or development of residential or commercial properties located around the New York metropolitan area. The firm's main goal is to provide quick and accessible financing to borrowers, aiming to fill the gap left by traditional financial institutions. By focusing on property value and potential rather than solely on the borrower's creditworthiness, Manhattan Bridge Capital seeks to support the growth and revitalization of urban neighborhoods. Their project portfolio includes a diverse range of properties, demonstrating a commitment to fostering economic development and real estate advancement in their chosen markets.
Snapshot
Operations
Products and/or services of Manhattan Bridge Capital
- Short-term secured, non-banking loans to real estate investors, focusing on property acquisitions and renovations.
- Bridge loans for properties transitioning between stages of financing, offering fast, flexible funding solutions.
- Mortgage lending services for real estate projects, providing tailored loans to suit project-specific needs.
- Refinancing options for real estate investors, allowing them to secure better interest rates or terms on existing loans.
- Project consultation and advisory services, offering expert insights on real estate investments and financing strategies.
- Loan servicing, including collection and management of payments, for borrowers and investors.
Manhattan Bridge Capital executive team
- Mr. Assaf RanFounder, Chairman of the Board, President & CEO
- Ms. Vanessa KaoCFO, VP, Treasurer, Secretary & Director
- Ms. Hong ZhuController