Manhattan Bridge Capital, Inc. Announces Increase and Extension of its Existing Buy-Back of up to 250,000 of its Common Shares

Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced that its Board of Directors has approved an increase in its share repurchase program from 100,000 to 250,000 common shares and extended the program for an additional twelve months. The company offers short-term secured loans to real estate investors in the New York metropolitan area and Florida.