Manhattan Bridge Capital extends credit facility to March 2026; Webster Bank commitment raised to $22.5M

MANHATTAN BRIDGE CAPITAL, INC

Credit agreement term extended to March 31, 2026 via Amendment No. 9.
Mizrahi Tefahot Bank departed as lender; commitments reallocated to remaining lenders.
Webster Bank's revolving commitment increased from $15M to $22.5M; total revolving commitments now $32.5M.
Borrower executed a new $22.5M Second Amended and Restated Revolving Credit Note in favor of Webster.
Flushing Bank retains $10M commitment; total lender group now consists of Webster and Flushing Bank.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MANHATTAN BRIDGE CAPITAL, INC amended Amendment to Amended and Restated Credit and Security Agreement with Webster Bank, National Association (effective 2026-02-24).

Action: amendment
Agreement: credit facility
Counterparty: Webster Bank, National Association
Effective: 2026-02-24

Exact text from the filing

On February 24, 2026, Manhattan Bridge Capital, Inc. (the “ Company ”) entered into an amendment (the “ Amendment ”) to its Amended and Restated Credit and Security Agreement, as amended prior to the Amendment (the “ Agreement ”), among the Company, the guarantors party thereto, Webster Bank, National Association (“ Webster ”), the other lenders from time to time party thereto (the “ Lenders ”), and Webster, as agent for the Lenders (in such capacity, the “ Agent ”).

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Source: SEC EDGAR

accession 0001493152-26-008061

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