Exhibit 10.5


 





AMENDMENT NO. 2


TO


CREDIT AND SECURITY AGREEMENT


 


THIS AMENDMENT NO. 2 (this
“Amendment”) is entered into as of April 25, 2016, by and among MANHATTAN BRIDGE CAPITAL, INC., a New York corporation
(“Borrower”), the Subsidiary Guarantors signatory hereto (collectively with Borrower, each a “Loan
Party” and collectively, the “Loan Parties) and WEBSTER BUSINESS CREDIT CORPORATION (“Lender”).


 


BACKGROUND


 


Loan Parties
and Lender are parties to a Credit and Security Agreement dated as of February 27, 2015 (as amended, restated, supplemented or
otherwise modified from time to time, the “Credit Agreement”) pursuant to which Lender provides Loan Parties
with certain financial accommodations.


 


Borrower intends to form a wholly-owned
subsidiary for the purpose of selling up to $9,990,000 aggregate principal amount of senior secured notes pursuant to the
Permitted Bond Indenture (as defined below) in a registered public offering underwritten by Aegis Capital Corp.
(“Aegis”). The offer and sale of the senior secured notes was consented to by Lender pursuant to that
certain consent letter dated November 24, 2015 (the “Consent Agreement”). In the Consent Agreement, Lender
agreed to (i) release its security interest in certain Collateral; and (ii) make certain amendments to the Credit Agreement
prior to the issuance of the senior secured notes. This Amendment shall effect items (i) and (ii) above on the terms and
conditions hereafter set forth.


 


NOW,
THEREFORE, in consideration of any loan or advance or grant of credit heretofore or hereafter made to or for the account of each
Loan Party by Lender, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto hereby agree as follows:


 


1.           Definitions.
All capitalized terms not otherwise defined herein shall have the meanings given to them in the Credit Agreement.


 


2.           Amendment
to Credit Agreement. Subject to satisfaction of the conditions precedent set forth in Section 4 below, the Credit Agreement
is hereby amended as follows:


 


(a)           Section
4.3 is hereby amended by (i) adding an “(a)” before the text thereof (such that the text currently in the Loan Agreement
is subsection (a) of Section 4.3); and (ii) adding new subsections (b), (c) and (d) which provide as follows:


 


“(b) In the
event that Borrower notifies Lender that it is anticipating a sale by Borrower of a Mortgage Note and the assignment of the
associated Mortgage Loan and other Mortgage Loan Documents to Bond Subsidiary in accordance with Section 7.11(v) hereof and
upon satisfaction of each of the requirements thereof, including, without limitation, the Sale Conditions, Lender shall
forward the applicable Mortgage Note and associated Mortgage Loan Documents endorsed back to the applicable Loan Party,
together with the reassignment to Borrower of the related Mortgage File and any collateral securing such Mortgage Note
(collectively, the “Transferred Mortgage File”). In the event such Transferred Mortgage File is not sold
and assigned to Bond Subsidiary within fifteen (15) Business Days after receipt by Borrower of such Transferred Mortgage
File, Borrower shall re-endorse to and return to Lender, such Transferred Mortgage File.


 






    	 	 	 



     


    

 


(c)           In the event that Borrower
notifies Lender that it intends to exchange a Mortgage Note and the associated Mortgage Loan and other Mortgage Loan Documents
held by Borrower with a Mortgage Note and the associated Mortgage Loans and other Mortgage Loan Documents held by Bond Subsidiary
in accordance with Section 7.11(vi) hereof and upon satisfaction of each of the requirements thereof, including, without limitation,
the Exchange Conditions, Lender shall forward the applicable Transferred Mortgage File in the manner provided in Section 4.3(b)
hereof. In the event such Transferred Mortgage File is not exchanged with Bond Subsidiary as provided hereunder within fifteen
(15) Business Days after receipt by Borrower of such Transferred Mortgage File, Borrower shall re- endorse to and return to Lender,
such Transferred Mortgage File.


 


(d)           With regard to any
sales described in Section 4.3(b) or any exchanges described in Section 4.3(c), each Loan Party (and by its acceptance of the Transferred
Mortgage File, the Bond Subsidiary) acknowledges and agrees that Lender does not make any oral or written representations, warranties,
promises or guarantees whatsoever, whether express or implied, concerning or with regard to, and Lender expressly disclaims any
liability or obligation with respect to, concerning or relating to any aspect of the Mortgage Loans or any collateral thereof,
including, without limitation, any of the following:


(i) the value,
condition or profitability of the Mortgaged Property; (ii) title or ownership to or of the Mortgaged Property, or any portion
or part thereof; (iii) governmental laws and any other restrictions applicable to the Mortgaged Property; (iv) claims by
third parties against Borrower or any Mortgage Customer; (v) the creditworthiness, financial condition or ability of any
Mortgage Customer or any guarantor to fulfill its obligations to pay its respective debts as they mature; (vi) the
collectability of the Mortgage Loans; (vii) the legality, validity, sufficiency or enforceability of any of the Mortgage Loan
Documents, and (viii) the validity, enforceability, attachment, priority or perfection of any security interest granted
pursuant to the Mortgage Loan Documents. Loan Parties (and by its acceptance of the Transferred Mortgage File, the Bond
Subsidiary) shall not be entitled to any other materials from Lender, including, but not limited to, materials that are
attorney-client privileged, or prepared in connection with anticipated or actual litigation, or otherwise subject to
confidentiality agreements, internal memoranda, analysis, ratings or reports prepared by Lender in connection with the
Mortgage Loans or the transactions completed by the Credit Agreement. Each Loan Party (and by its acceptance of the
Transferred Mortgage File, the Bond Subsidiary) acknowledges that it will have made such examinations, reviews and
investigations as it deems necessary or appropriate in making its decision to purchase the Mortgage Loans. Each Loan Party
(and by its acceptance of the Transferred Mortgage File, the Bond Subsidiary) has been and will continue to be solely
responsible for making its own independent investigation of the Mortgage Loan Documents. Each Loan Party (and by its
acceptance of the Transferred Mortgage File, the Bond Subsidiary) further acknowledges and agrees that Lender has not given
any investment advice, credit information or opinion on whether the purchase of the Mortgage Customers obligations under the
Mortgage Loans is prudent. Each Loan Party (and by its acceptance of the Transferred Mortgage File, the Bond Subsidiary)
hereby accepts the Mortgage Loans on an “as is, where is, with all faults” basis, without recourse to Lender and
without any representations or warranties. Each Loan Party shall defend and indemnify Lender, and its respective employees,
agents, directors and officers harmless from and against all loss, liability, damage and expense, claims, costs, fines and
penalties, including attorney’s fees, suffered or incurred as a result of or in any way related to the transfer of a
Transferred Mortgage Property in accordance with the provisions of Section 16.5 hereof.”


 






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(b)           Section
7.2 is hereby amended by adding “or Section 7.11 (as amended hereby)” between “4.3” and “hereof”
thereof.


 


		(c)	Section 7.4 is hereby amended in its entirety to read as follows:



 


“7.4 Guarantees.
Become liable upon the obligations of any Person by assumption, endorsement or guaranty thereof or otherwise (other than to
the Lender, the Bank, the Issuers, or the Lender in connection with this Agreement and the transactions contemplated herein)
except (a) guarantees made in the Ordinary Course of Business up to an aggregate amount not exceeding the Materiality
Threshold; (b) the endorsement of checks for collection in the Ordinary Course of Business; (c) guarantees made by one Loan
Party of the Obligations of another Loan Party or Loan Parties, and (d) the Permitted Bond Subsidiary Guaranty.”


 


		(d)	Section 7.5 is hereby amended in its entirety to read as follows:




 


“7.5 Investments.
Purchase or acquire obligations or Equity Interests of, or any other interest in, any Person, including, without limitation the
acquisition of all, or substantially all, or any material portion of the assets or Equity Interests of a Person or the assets of
(a) any division or line of business of a Person and (b) any partnership or joint venture; provided, however, in
Lender’s sole and absolute discretion and so long as (i) there does not exist a Default or Event of Default or a Default
or Event of Default would not result therefrom and (ii) such investment is made by no later than April 30, 2016, Borrower may make
a one-time investment of up to $2,000,000 (whether in cash or in other property) in the Bond Subsidiary to consummate a Permitted
Bond Transaction (a “Permitted Bond Subsidiary Investment”).”


 


 


 



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(e)           Section
7.11 is hereby amended by (i) deleting the word “and” immediately before subsection (iv) thereof and (ii) deleting
the “.” and adding the following text to the end thereof:


 


“, (v) sales
by Borrower of Mortgage Notes and assignment of the associated Mortgage Loans and other Mortgage Loan Documents to Bond
Subsidiary, provided, that, (A) each such sale shall be at the then current outstanding principal amount of the Mortgage
Note, (B) all proceeds received by Borrower in respect of such sales shall be applied in repayment of the outstanding
Revolving Advances, and (C) both before and after giving effect to each such transaction, no Default or Event of Default
shall have occurred and be continuing (the conditions listed in Section 7.11(v)(A) through (C), collectively referred to as
the “Sale Conditions”), and (vi) exchanges between Borrower and Bond Subsidiary of Mortgage Notes and
associated Mortgage Loans and other Mortgage Loan Documents, provided, that (A) each such exchange is on a dollar for dollar
basis, (B) the aggregate outstanding principal amount owing on all Mortgage Notes exchanged by Borrower during any Fiscal
Year shall not exceed $1,000,000; provided, that, in the event the aggregate outstanding principal amount owing on all
Mortgage Notes exchanged by Borrower during any Fiscal Year is less than $1,000,000, then one hundred percent (100%) of the
unused amount (the “Carryover Amount”) may be carried over and used in the immediately succeeding Fiscal
Year; provided, further, that any Carryover Amount shall be deemed to be the first amount exchanged in such succeeding Fiscal
Year, (C) the aggregate outstanding principal amount owing on all Mortgage Notes exchanged by Borrower during the Term shall
not exceed $1,250,000, (D) after the exchange, the sum of (i) the Borrowing Base, minus (ii) the sum of the outstanding
amount of Revolving Advances, plus (iii) all amounts due and owing to Loan Parties’ trade creditors which are
outstanding beyond normal trade terms, plus (iv) all fees and expenses for which Loan Parties are liable hereunder but which
have not been paid or charged to Borrower’s Account shall be greater than $1,000,000, and (E) both before and
after giving effect to each such transaction, no Default or Event of Default shall have occurred and be continuing (the
conditions listed in Section 7.11(vi)(A) through (E), collectively referred to as the “Exchange
Conditions”).”


 






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(f)           Annex
One of the Credit Agreement is hereby amended by adding the following definitions in their appropriate order to read as follows:


 


“Consent
Agreement” means that certain consent letter by and between Borrower and Lender, dated November 24, 2015.


 


“Permitted Bond
Subsidiary Guaranty” shall mean that certain Guaranty dated as of April 25, 2016 made by Borrower in favor of the bondholders
with respect to the Bond Subsidiary’s obligation under the Permitted Bond Transaction Documentation.


 


“Permitted Bond
Indenture” shall mean that certain Indenture, dated April 25, 2016, by and among the Bond Subsidiary, Borrower and Worldwide
Stock Transfer, LLC, as Indenture Trustee.


 


(g)           Annex
One of the Credit Agreement is hereby amended by amending and restating the following definitions in their entirety to read as
follows:


 


“Bond Subsidiary”
shall mean MBC Funding II Corp., a wholly owned subsidiary of MBC formed specifically for the purpose of issuing senior secured
notes in connection with the Permitted Bond Transaction.


 


“Permitted Bond
Transaction” shall mean the issuance by the Bond Subsidiary of up to $9,990,000 aggregate principal amount of senior
secured notes pursuant to the Permitted Bond Indenture having a rate of interest of not more than six percent (6%) per annum, and
a maturity date ten (10) years from the date of issuance.


 


(h)           Subsection
(f) of the definition of “Collateral” in Annex One of the Credit Agreement is hereby amended and restated in its entirety
to read as follows:


 


“(f) all Equity Interests
of each Domestic Subsidiary other than Bond Subsidiary, and sixty-five percent (65%) of the Equity Interests of each Foreign Subsidiary;”


 


(i)           Subsection
(k) of the definition of “Permitted Encumbrances” in Annex One of the Credit Agreement is hereby amended and restated
in its entirety to read as follows:


 






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“(k) Liens upon the
Equity Interests of Bond Subsidiary to secure Borrower’s guaranty obligations under the Permitted Bond Transaction and”


 


(j)           Notwithstanding
Sections 7.18 and 7.19 of the Credit Agreement, nothing contained in the Credit Agreement shall be construed as prohibiting Borrower
from repaying its outstanding short-term indebtedness in the principal amount of $860,620 provided that the funds used to repay
such indebtedness shall first be remitted to Lender and subsequently borrowed as a Revolving Advance under the Credit Agreement.


 


(k)           So
long as Bond Subsidiary uses all of the net proceeds from the registered public offering referred to in the “Background”
section of this Amendment to purchase Mortgage Notes from Borrower, Borrower will not be in breach of Section 7.11(v) of the Credit
Agreement to the extent the net proceeds of the offering are not more than


$1,000,000 less than the gross proceeds of the offering.


 


3.           Release
of Certain Collateral. Subject to satisfaction of the conditions precedent set forth in Section 4, Lender hereby releases its
security interest and lien on the Collateral set forth on Schedule A attached hereto (the “Released Collateral”),
subject to satisfaction of the following conditions: (i) the total value of the Released Collateral shall not exceed $12,000,000;
and (ii) both before and after giving effect to the release of the Released Collateral, Loan Parties shall not be in default of
any of the covenants contained in the Credit Agreement. Upon satisfaction of these conditions, Lender’s security interest
in the Released Collateral shall automatically terminate and Lender shall do such further reasonable acts and things, all at Loan
Parties’ expense, to effect the termination of Lender’s liens upon such Released Collateral. The terms of this provision
shall not affect the security interest of the Lender in any property of the Loan Parties other than the Released Collateral.


 


4.           Conditions
of Effectiveness. This Amendment shall become effective when each of the following conditions precedent shall have been satisfied:


 


(a)           Lender
shall have received a copy of this Amendment executed by each Loan Party with one original executed copy of this Amendment to be
promptly delivered by Loan Parties to Lender.


 


(b)           Lender
shall have received a Guaranty from the Bond Subsidiary in form and substance satisfactory to Lender.


 


(c)           Lender
shall have received a copy of the fully executed Intercreditor Agreement, dated as of the date hereof, by and among Worldwide Stock
Transfer, LLC, as Indenture Trustee and Lender, setting forth various rights under the respective guaranties.


 


(d)           Lender
shall have obtained definitive copies of the Permitted Bond Transaction Documents.


 


		(e)	Lender shall have received payment in respect of its legal fees and expenses.






 




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5.           Conditions
Subsequent to Effectiveness. Loan Parties shall pay an amendment fee in the amount of $20,000.00, which fee shall be fully
earned and payable on the date of the first issuance of the senior secured notes pursuant to the Permitted Bond Indenture using
the proceeds thereof.


 


6.           Representations
and Warranties. Each Loan Party hereby represents and warrants as follows:


 


(a)           This
Amendment and the Credit Agreement, as amended hereby, constitute legal, valid and binding obligations of each Loan Party and are
enforceable against each Loan Party in accordance with their respective terms.


 


(b)           Upon
the effectiveness of this Amendment, each Loan Party hereby reaffirms all covenants, representations and warranties made in the
Credit Agreement to the extent the same are not amended hereby and agree that all such covenants, representations and warranties
shall be deemed to have been remade as of the effective date of this Amendment.


 


(c)           No
Event of Default or Default has occurred and is continuing or would exist after giving effect to this Amendment.


 


(d)           No
Loan Party has any defense, counterclaim or offset with respect to the Credit Agreement.


 


(e)           The
Permitted Bond Transaction complies in all material respects with the terms and conditions set forth on Schedule A to the Consent
Agreement except that Lender acknowledges that (i) in the description under “Amortization”, “quarterly”
should be changed to “monthly” and (ii) in the description under “Market Trading”, “Nasdaq Global
Market” should be changed to “NYSE MKT”.


 


7.           Covenant
Regarding Permitted Bond Transaction Documentation. Borrower hereby agrees that until the satisfaction in full of the Obligations
and termination of the Credit Agreement, Borrower shall not permit the Bond Subsidiary to amend, supplement, modify or restate
the terms of the Permitted Bond Transaction Documentation in a manner that either (a) increases the interest rate above seven percent
(7%), excluding the imposition of the default rate of interest; (b) extends the stated maturity; or (c) increases the outstanding
aggregate principal amount of the senior secured notes issued pursuant to the Permitted Bond Transaction Documentation.


 


		8.	Effect on the Credit Agreement.



 


(a)           Upon
the effectiveness of Section 2 hereof, each reference in the Credit Agreement to “this Agreement,” “hereunder,”
“hereof,” “herein” or words of like import shall mean and be a reference to the Credit Agreement as amended
hereby.


 


(b)           Except
as specifically amended herein, the Credit Agreement, and all other documents, instruments and agreements executed and/or delivered
in connection therewith, shall remain in full force and effect, and are hereby ratified and confirmed.


 




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(c)           The
execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of Lender,
nor constitute a waiver of any provision of the Credit Agreement, or any other documents, instruments or agreements executed and/or
delivered under or in connection therewith.


 


9.           Release.
Each of the Loan Parties on behalf of itself and its successors, assigns, and other legal representatives, hereby, (a) jointly
and severally, absolutely, unconditionally and irrevocably releases, remises and forever discharges Lender, and its present and
former shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents and other
representatives and their respective successors and assigns (Lender and all such other parties being hereinafter referred to collectively
as the “Releasees” and individually as a “Releasee”), of and from all demands, actions, causes
of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages
and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a “Claim”
and collectively, “Claims”) of every name and nature, known or unknown, suspected or unsuspected, both at law
and in equity, whether liquidated or unliquidated, matured or unmatured, asserted or unasserted, fixed or contingent, foreseen
or unforeseen and anticipated or unanticipated, which each of the Loan Parties, or any of their respective successors, assigns,
or other legal representatives and their successors and assigns may now or hereafter own, hold, have or claim to have against the
Releasees or any of them for, upon, or by reason of any nature, cause or thing whatsoever which arises at any time on or prior
to the day and date of this Amendment, in relation to, or in any way in connection with the Credit Agreement, as amended and supplemented
through the date hereof, this Amendment, the Other Documents or the release of the Released Collateral; (b) understands, acknowledges
and agrees that the release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction
against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such
release; (c) agrees that no fact, event, circumstance, evidence or transaction which could now be asserted or which may hereafter
be discovered shall affect in any manner the final and unconditional nature of the release set forth above and nothing contained
herein shall constitute an admission of liability with respect to any Claim on the part of any Releasee; and (d) jointly and severally,
absolutely, unconditionally and irrevocably, covenants and agrees with each Releasee that it will not sue (at law, in equity, in
any regulatory proceeding or otherwise) any Releasee on the basis of any Claim released, remised and discharged by any of the Loan
Parties pursuant to this Paragraph 8. If any Loan Party violates the foregoing covenant, Loan Parties, jointly and severally, agree
to pay, in addition to such other damages as any Releasee may sustain as a result of such violation, all attorneys' fees and costs
incurred by any Releasee as a result of such violation.


 


10.           Governing
Law. This Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and
assigns and shall be governed by and construed in accordance with the laws of the State of New York.


 


11.           Headings.
Section headings in this Amendment are included herein for convenience of reference only and shall not constitute a part of this
Amendment for any other purpose.


 




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12.           Counterparts;
Facsimile. This Amendment may be executed by the parties hereto in one or more counterparts, each of which shall be deemed
an original and all of which when taken together shall constitute one and the same agreement. Any signature delivered by a party
by .pdf or facsimile transmission shall be deemed to be an original signature hereto.


 


[Signature Page to Follow]


 


 


 


 


 


 




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IN WITNESS WHEREOF, this
Amendment has been duly executed as of the day and year first written above.


  


	 	"BORROWER"
	 	 	 
	 	MANHATTAN BRIDGE CAPITAL, INC.
	 	 	 
	 	By:	/s/ Assaf Ran	 
	 		Assaf Ran
	 		Chief Executive Officer
	 	 	 
	 	 	 
	 	"SUBSIDIARY GUARANTOR"
	 	 	 
	 	DAG FUNDING SOLUTIONS, INC.
	 	 	 
	 	By:	/s/ Assaf Ran	 
	 		Assaf Ran
	 		Chief Executive Officer


 


 


	Signature Page to Amendment No. 2







     


     


    

 








	 	WEBSTER BUSINESS CREDIT CORPORATION
	 	 	 
	 	By:	/s/ Leo Goldstein	 
	 	Name: Leo Goldstein
	 	Title: Vice President







 


 


 


 


 


 


 


 


 


 


 


 





 


	
        Signature Page to Amendment No. 2













     


     


    

SCHEDULE A


 


Released Collateral


 


All
of Borrower’s right, title and interest in and to (i) all of the outstanding common shares, par value $.001 per share, of
the Bond Subsidiary; and (ii) the Mortgage Loans sold and to be sold by Borrower to the Bond Subsidiary pursuant to the Asset Purchase
Agreement, dated as of April 25, 2016, as amended, supplemented or otherwise modified from time to time, between Borrower and the
Bond Subsidiary, including with respect to such Mortgage Loans, all of Borrower’s right, title and interest in, to and under
each of the following items of property, whether now owned or hereafter acquired, now existing or hereafter created and wherever
located: (a) the real property (including all improvements, buildings, fixtures, building equipment and personal property thereon
and all additions, alterations and replacements made at any time with respect to the foregoing) and all other collateral (the “Mortgaged
Property”) securing repayment of the debt evidenced by a promissory note or other evidence of the indebtedness of an obligor
with respect to a Mortgage Loan (the “Mortgage Note”); (b) the original executed Mortgage Note bearing all intervening
endorsements, duly endorsed to Borrower; (c) the original Mortgage(s) securing each Mortgage Note with evidence of recording thereon
or copies certified by the related recording office;


(d) the original assignments,
if any, executed in connection with such Mortgage(s); (e) any original stock certificates (accompanied by applicable stock powers),
instruments, chattel paper or other collateral securing the Mortgage Loan; (f) all mortgage guaranties and insurance (issued by
governmental agencies or otherwise) and any mortgage insurance certificate or other document evidencing such mortgage guaranties
or insurance relating and all claims and payments thereunder; (g) all other insurance policies and insurance proceeds relating
to the Mortgage Loan or the related Mortgaged Property, including the lender’s title policy and evidence of property/casualty
insurance coverage; (h) all “general intangibles”, “accounts” and “chattel paper” as defined
in the New York State Uniform Commercial Code relating to or constituting any and all of the foregoing; (i) all other documents
instruments, surveys, legal opinions, certificates, correspondence, valuations, appraisals, computer programs, computer storage
media, accounting records and other books and records relating thereto; (j) any Receivable (as defined in the Credit and Security
Agreement dated as of February 27, 2015, as amended, supplemented or otherwise modified from time to time (the “Credit Agreement”),
between Borrower and Lender), resulting from and reflecting an amount due under a Mortgage Note described in clause (b) above;
(k) the Mortgage Loan Documents (as defined in the Credit Agreement) relating to the Mortgage Loan, other than any document prepared
by Lender or for the benefit of Lender by third parties; (l) any and all replacements, substitutions, distributions on or proceeds
of any and all of the foregoing. Initially, Borrower is transferring to the Bond Subsidiary the following Mortgage Loans:


 


List of Excluded Mortgage
Loans


 


	
        MBC Loan # 218

        Loan Amount: $250,000

        Property: 1370 Bushwick Avenue, Brooklyn
        NY Guarantor(s): Eitan Peretz /RobertMichaeli/Nadav Hamo
	
        MBC Loan # 405

        Loan Amount: $210,000 + $50,000

        Property: 1483 East 53rd Street, Brooklyn
        NY Guarantor(s): Leonard Galper

	
        MBC Loan # 235

        Loan Amount: $1,000,000

        Property: 300 Great Neck Road, Great Neck
        NY Guarantor(s): Yossef Boniel / Shelly Boniel
	
        MBC Loan # 406

        Loan Amount: $370,000

        Property: 131-25 220th Street, Queens NY
        Guarantor(s): Yuval Harosh

	
        MBC Loan # 239

        Loan Amount: $500,000

        Property: 1237 Eastern Parkway, Brooklyn
        NY Guarantor(s): Yehuda Cohen
	
        MBC Loan # 407

        Loan Amount: $72,500

        Property: 105 Palisades Avenue, Yonkers NY
        Guarantor(s): Michael Yehounatan / Ariel Sholomov

	
        MBC Loan # 265

        Loan Amount: $265,000

        Property: 215 Highland Blvd, Brooklyn NY
        Guarantor(s): Shlomi Ohayon
	
        MBC Loan # 408

        Loan Amount: $550,000 + $100,000

        Property: 696A Lexington Avenue, Brooklyn
        NY Guarantor(s): Eran Malka

	
        MBC Loan # 289

        Loan Amount: $750,000 + $300,000 Property:
        67 Jefferson Avenue, Brooklyn NY Guarantor(s): Shay Zach / Peleg Neev
	
        MBC Loan # 412

        Loan Amount: $580,000

        Property: 343 Winthrop Street, Brooklyn NY
        Guarantor(s): Yuval Harosh

	MBC Loan # 351	MBC Loan # 416


252540/234-5985074.5




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        Loan Amount: $370,000

        Property: 647 New Jersey Avenue, Brooklyn
        NY Guarantor(s): Rachel Surizon
	
        Loan Amount: $355,000

        Property: 903 Pine Street, Brooklyn NY Guarantor(s):
        Abraham Zagai

	
        MBC Loan # 394

        Loan Amount: $450,000

        Property: 156-12 107 Avenue (Unit 1,2,3) &
        156-14 107 Avenue (Unit 2,3), Jamaica NY

        Guarantor(s): Itzhak Maman
	
        MBC Loan # 430

        Loan Amount: $110,000

        Property: 1276 Givan Avenue,Bronx NY

	
        MBC Loan # 399

        Loan Amount: $300,000

        Property: 1460 East Gun Hill Road, Bronx
        NY Guarantor(s): Eli Weissman
	
        MBC Loan # 431

        Loan Amount: $150,000

        Property: 90 Rosedale Rd., Valley Stream NY

	
        MBC Loan # 402

        Loan Amount: $400,000

        Property: 381 Jefferson Avenue, Brooklyn
        NY Guarantor(s): Itzhak Maman / Avi Shevah
	
        MBC Loan # 433

        Loan Amount: $110,000

        Properties: 30 Liberty St. Patchogue NY &
        35 Maple Avenue, Shirley NY



 


 


 



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