A Brief History of Manhattan Bridge Capital, Inc. (LOAN)

Manhattan Bridge Capital, Inc. (LOAN) is a real estate finance company based in Great Neck, New York. The company specializes in originating, servicing, and managing a portfolio of first mortgage loans.

Manhattan Bridge Capital, Inc. was founded in 1989 by Assaf Ran, who currently serves as the CEO of the company. Over the years, the company has built a reputation for providing flexible and efficient financing solutions to real estate investors and developers.

• In 1999, Manhattan Bridge Capital, Inc. became a publicly traded company, listed on the NASDAQ stock exchange under the ticker symbol LOAN.
• The company has experienced steady growth since its inception, expanding its loan portfolio and increasing its revenues year over year.
• Today, Manhattan Bridge Capital, Inc. continues to be a trusted source of capital for real estate professionals in the New York metropolitan area and beyond.

With a commitment to personalized service and a focus on risk management, Manhattan Bridge Capital, Inc. has established itself as a leader in the real estate finance industry, providing innovative loan products to meet the diverse needs of its clients.

Who Owns Manhattan Bridge Capital, Inc. (LOAN)

Manhattan Bridge Capital, Inc. (LOAN) is a real estate finance company that specializes in originating, servicing, and managing a portfolio of first mortgage loans. The company was founded in 1889 and is headquartered in Great Neck, New York. As of the latest available information, the ownership structure of Manhattan Bridge Capital, Inc. is as follows:

• Mr. Assaf Ran: Mr. Assaf Ran is the Founder, Chairman, and Chief Executive Officer of Manhattan Bridge Capital, Inc. He has been with the company since its inception and has played a key role in its growth and success.
• Institutional Investors: Institutional investors, such as mutual funds and investment firms, also own a significant portion of Manhattan Bridge Capital, Inc. These investors provide capital to the company in exchange for ownership stakes.
• Individual Investors: Individual investors, including retail investors and high-net-worth individuals, may also own shares of Manhattan Bridge Capital, Inc. through direct purchases on the stock market.

Overall, Manhattan Bridge Capital, Inc. is a publicly traded company with a diverse ownership base that includes its founder, institutional investors, and individual investors.

Manhattan Bridge Capital, Inc. (LOAN) Mission Statement

At Manhattan Bridge Capital, Inc., our mission is to provide short-term, secured, non-banking loans to real estate investors in a timely and efficient manner. We are committed to helping our clients achieve their financial goals by offering flexible loan terms and personalized service.

Our core values drive our business operations and guide our decision-making process:

• Integrity: We conduct our business with honesty and transparency, always putting our clients' best interests first.
• Excellence: We strive for excellence in everything we do, from customer service to loan underwriting.
• Flexibility: We understand that each client has unique needs, and we tailor our loan products to meet those individual requirements.
• Commitment: We are dedicated to providing outstanding service and building long-lasting relationships with our clients.

By upholding these values and focusing on our mission, Manhattan Bridge Capital, Inc. aims to be a trusted partner for real estate investors seeking financing solutions.

How Manhattan Bridge Capital, Inc. (LOAN) Works

Manhattan Bridge Capital, Inc. (LOAN) is a real estate finance company that specializes in originating, servicing, and managing a portfolio of first mortgage loans. The company provides short-term, secured, non-banking loans to real estate investors to fund their property acquisitions or renovations.

The process of how Manhattan Bridge Capital, Inc. (LOAN) works is as follows:

• Loan Application: Real estate investors apply for a loan from Manhattan Bridge Capital, Inc. (LOAN) by submitting a detailed application that outlines their financing needs and property details.
• Loan Approval: The company reviews the loan application, property value, borrower's creditworthiness, and exit strategy. If all criteria are met, the loan is approved.
• Funding: Once the loan is approved, Manhattan Bridge Capital, Inc. (LOAN) funds the loan amount to the borrower, typically within a few days.
• Loan Servicing: The company services the loan throughout its term, collecting interest payments and monitoring the borrower's progress in repaying the loan.
• Loan Repayment: At the end of the loan term, the borrower repays the principal amount along with any outstanding interest to Manhattan Bridge Capital, Inc. (LOAN).

Manhattan Bridge Capital, Inc. (LOAN) generates revenue through the interest collected on its loan portfolio. The company's goal is to provide flexible financing options to real estate investors while generating attractive returns for its investors.

How Manhattan Bridge Capital, Inc. (LOAN) Makes Money

Manhattan Bridge Capital, Inc. (LOAN) is a real estate finance company that specializes in originating, funding, servicing, and managing a portfolio of short-term loans secured by properties in the United States. The company primarily generates revenue through the following key methods:

• Interest Income: The primary source of revenue for Manhattan Bridge Capital is the interest income generated from the short-term loans it provides to real estate investors and developers. These loans typically have higher interest rates than traditional bank loans, allowing the company to earn substantial interest income.
• Loan Origination Fees: Manhattan Bridge Capital also earns revenue through loan origination fees, which are upfront fees charged to borrowers when a loan is initiated. These fees can vary based on the size and complexity of the loan but can provide a significant source of income for the company.
• Late Fees and Prepayment Penalties: In addition to interest income and loan origination fees, the company may also generate revenue from charging late fees to borrowers who fail to make timely payments on their loans. Manhattan Bridge Capital may also collect prepayment penalties if borrowers choose to pay off their loans early.
• Loan Servicing Fees: The company may earn revenue through loan servicing fees, which are charges to borrowers for managing and servicing their loans. This can include tasks such as collecting payments, managing escrow accounts, and providing customer service to borrowers.