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Manhattan Bridge Capital Inc

 
Hoover's Profile: Manhattan Bridge Capital, Inc.
 
(NASDAQ (CM):LOAN)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Manhattan Bridge Capital, Inc.
192 Lexington Ave.
New York, NY 10016
NY Tel. 212-489-6800
Toll Free 800-261-2799
Fax 212-779-2947

Type: Public
On the web: http://www.manhattanbridgecapital.com
Employees: 3
Employee growth: (50.0%)

Manhattan Bridge Capital (formerly DAG Media) knew that when it came to a bridge it had to cross it. In 2008 it renamed itself when its DAG Funding Solutions commercial lending subsidiary, which the company started in 2007, became its most profitable unit. The company offers short-term, secured, commercial loans to small businesses. It also offers an online service, Nextyellow.com, that lets consumers search for a product or service. The consumer's request is matched with appropriate businesses, and the matched businesses then call or email the customer. Vendor partners pay the company monthly fees to be featured in the matching process.

Key numbers for fiscal year ending December, 2008:
Sales: $0.8M
One year growth: 242.6%
Net income: ($0.5)M

Officers:
Chairman, President, and CEO: Assaf Ran
CFO, Treasurer, and Secretary: Internet Content Providers

Competitors:
Ciena Capital
Idearc
Washington Mutual

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