Manhattan Bridge Capital, Inc.

Manhattan Bridge Capital, Inc. is a real estate finance company that specializes in originating, servicing, and managing a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors for property acquisition, renovation, and enhancement in the New York metropolitan area, including New Jersey, Connecticut, and Florida. The company's primary source of revenue comes from the interest and fees generated from these loans, which are secured by real estate collateral and personal guarantees from borrowers' principals. Additionally, it qualifies as a real estate investment trust for federal income tax purposes, allowing it to potentially avoid corporate income taxes by distributing at least 90% of its taxable income to stockholders.