tiprankstipranks
Advertisement
Advertisement

Manhattan Bridge Capital Expands and Extends Credit Facility

Story Highlights
  • On February 24, 2026, Manhattan Bridge Capital extended its credit facility and reshuffled lender commitments.
  • The company increased Webster Bank’s revolving credit note to $22.5 million, boosting funding flexibility for its loan portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Manhattan Bridge Capital Expands and Extends Credit Facility

Claim 55% Off TipRanks

The latest update is out from Manhattan Bridge Capital ( (LOAN) ).

On February 24, 2026, Manhattan Bridge Capital, Inc. amended its existing credit and security agreement with Webster Bank and other lenders, extending the term of the credit facility through March 31, 2026. The amendment also formalized the departure of Mizrahi Tefahot Bank Ltd. as a lender and reallocated the revolving commitments among the remaining lenders.

As part of this reallocation, the company issued a Second Amended and Restated Revolving Credit Note to Webster Bank, increasing Webster’s principal commitment from $15 million to $22.5 million. The expanded borrowing capacity and extended maturity are likely to support Manhattan Bridge Capital’s lending operations and provide additional flexibility in funding its real estate loan portfolio.

The most recent analyst rating on (LOAN) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Manhattan Bridge Capital stock, see the LOAN Stock Forecast page.

Spark’s Take on LOAN Stock

According to Spark, TipRanks’ AI Analyst, LOAN is a Neutral.

The score is driven primarily by solid underlying financial performance (strong profitability and improved leverage profile) and favorable valuation (low P/E and high dividend yield). These positives are partially offset by weak technical momentum (below major moving averages with negative MACD and low RSI/Stoch), while recent corporate events are supportive due to improved financing flexibility and the announced buyback.

To see Spark’s full report on LOAN stock, click here.

More about Manhattan Bridge Capital

Manhattan Bridge Capital, Inc. is a specialty finance company that provides short-term, collateral-based loans to real estate investors and developers. The company focuses on bridge financing secured primarily by first mortgage liens on income-producing or residential properties, targeting borrowers who require rapid access to capital in niche segments of the real estate market.

Average Trading Volume: 28,830

Technical Sentiment Signal: Sell

Current Market Cap: $50.67M

Learn more about LOAN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1