Investment Thesis
A little while ago, I wrote an article on Manhattan Bridge Capital (LOAN) Manhattan Bridge Capital: A One-Man Show in which I came to the following conclusion:
The bridge capital market contains an interesting mix of businesses and they have been made even more popular after the financial crisis in 2008. Many of the larger companies in this sector are backed by some of the largest hedge funds and private money groups because of their attractive returns and short-term risk (loans less than 1-year). The allure of high returns doesn't come