Manhattan Bridge Capital amends Webster credit deal, raises Webster note to $22.5 million
On February 24, 2026, Manhattan Bridge Capital entered into Amendment No. 9 to its credit agreement with Webster Bank as agent and lender. The amendment extends the agreement's term through March 31, 2026, removes Mizrahi Tefahot Bank as a lender, and reallocates its revolving commitments among the remaining lenders, with Webster's revolving note increased from $15 million to $22.5 million.
Key points
- Credit agreement term extended through March 31, 2026
- Mizrahi Tefahot Bank Ltd. departs as a lender under the agreement
- Webster revolving note raised from $15,000,000 to $22,500,000, replacing the prior note
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 25, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.