---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-027893"
form_type: "8-K"
ticker: "LOAN"
cik: "0001080340"
company_name: "MANHATTAN BRIDGE CAPITAL, INC"
filed_at: "2025-12-16T23:59:59+00:00"
generated_at: "2026-05-16T13:00:08.597560+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Manhattan Bridge Capital subsidiary secures $10M credit line, redeems $6M notes

## Summary
- MBC Funding II entered into $10M credit facility with Valley National Bank, maturing Dec 12, 2027.
- Interest: Term SOFR (floor 3%) + 2.95%; upfront fee 0.20%, unused line fee 0.25%.
- CEO Assaf Ran provided limited guaranty capped at $500,000.
- MBC Funding II redeemed all $6M outstanding 6% Senior Secured Notes at par plus accrued interest as of Dec 15, 2025.
- Company entered Amendment No. 8 to existing credit agreement with Webster Bank to permit new facility.

## SEC filing metadata
- accession: 0001493152-25-027893
- form_type: 8-K
- ticker: LOAN
- cik: 0001080340
- company_name: MANHATTAN BRIDGE CAPITAL, INC
- filed_at: 2025-12-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1080340/000149315225027893/0001493152-25-027893-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1080340/000149315225027893/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-027893
- JSON: https://secwatch.observer/filing/0001493152-25-027893.json
- Plain text: https://secwatch.observer/filing/0001493152-25-027893.txt

## Key facts
- Debt Financings
  MANHATTAN BRIDGE CAPITAL, INC incurred credit facility of up to $10,000,000 with Valley National Bank at Term SOFR (subject to a floor of 3.00%), as defined in the Note, plus 2.95% per maturing December 12, 2027.
  - Instrument: credit facility
  - Principal: up to $10,000,000
  - Counterparty: Valley National Bank
  - Rate: Term SOFR (subject to a floor of 3.00%), as defined in the Note, plus 2.95% per
  - Maturity: December 12, 2027
  - Event: incurrence
  source text: “ Letter Agreement ”) with Valley National Bank (“ Valley ”), pursuant to which Valley agreed to provide MBC Funding II with a line of credit in the principal amount of up to $10,000,000 (the “ Credit Facility ”). In connection with the Credit Facility, MBC Funding II executed a Line of Credit Note (the “ Note ”), which evidences the advances available under the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1080340/000149315225027893/0001493152-25-027893-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.