Manhattan Bridge Capital, Inc. (MBC), through its wholly owned subsidiaries, offer short-term, secured, nonbanking loans to real estate investors to fund their acquisition and construction of properties located in the New York Metropolitan area. The loans are principally secured by collateral consisting of real estate and, generally, accompanied by personal guarantees from the principals of the businesses. Its subsidiaries include DAG Funding Solutions, Inc. and MBC Funding I, Inc. The Company generally grants loans 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.