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Manhattan Bridge Capital Inc provides short-term loans to small real estate investors for buying or fixing up properties. These investors use the loans because they need fast cash that banks might not offer quickly. The company makes money by charging interest on these loans, earning revenue as borrowers repay with fees.
This company operates in the real estate lending sector, focusing on short-term loans for property investments. It serves small investors who need quick financing for purchases or renovations, often when traditional banks are too slow. The business thrives on interest income from these loans, which typically have higher rates due to their specialized nature.
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ANALYSIS:Price energy is building quickly for a potential move. Bullish alignment confirmed.
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Price is extended significantly above 52-week highs.
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