Business Description
Founded in 1989 and based in Great Neck, New York, Manhattan Bridge Capital Inc. provides short-term loans to real estate investors looking to buy, renovate, or develop residential and commercial properties across the United States. All loans are backed by the underlying real estate as well as personal guarantees from the borrowers. The company operates as a real estate investment trust, meaning it passes the majority of its earnings directly to shareholders rather than paying corporate income tax on those distributions.
