Manhattan Bridge Capital located in Manhattan, New York is a leading hard money lender to professional real estate investors, focusing on three types of loans: Loans to finance purchases and repairs for the purpose of quick sale also known as fix and flip, Loans for small, new construction projects, Bridge loans to purchase small income producing properties. 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, including New Jersey and Connecticut, and in Florida. 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.
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