Manhattan Bridge Capital, Inc. Announces An Increase in the Amount of Cash to Its...

Manhattan Bridge Capital, Inc. Announces An Increase in the Amount of Cash to
Its Lending Operations

NEW YORK, June 24, 2009 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc.
(Nasdaq:LOAN) announced today that the company's board of directors authorized
management to increase the cash limit allocated to the lending business from $7
million to $14 million.

"As we continue to maintain our growth pattern and conservative approach which
allows us to increase our earnings consecutively while avoiding defaults and
other problematic situations related to our loans portfolio, we asked our board
of directors to authorize management to increase the amount of money available
to our lending operations. Gratefully the board approved our request and we are
now set to move on to the next stage of growth. We are working to arrange lines
of credit in order to make additional funds available for the company's use,"
stated Assaf Ran, Chairman of the Board and CEO.

Manhattan Bridge Capital, Inc., provides short term, secured, non-banking,
commercial loans to small businesses. In addition we developed innovative
software and a related web site that allows retail businesses and other service
providers to reach prospective customers and clients for their goods and
services in a more effective way than traditional on-line and print yellow pages
searches. We operate several web sites including:
http://www.manhattanbridgecapital.com. and http://www.nextyellow.com.

This report contains forward-looking statements within the meaning of section
21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
Forward-looking statements are typically identified by the words "believe,"
"expect," "intend," "estimate" and similar expressions. Those statements appear
in a number of places in this report and include statements regarding our
intent, belief or current expectations or those of our directors or officers
with respect to, among other things, trends affecting our financial conditions
and results of operations and our business and growth strategies. These
forward-looking statements are not guarantees of future performance and involve
risks and uncertainties. Actual results may differ materially from those
projected, expressed or implied in the forward-looking statements as a result of
various factors (such factors are referred to herein as "Cautionary
Statements"), including but not limited to the following: (i) the successful
integration of new businesses that we may acquire; (ii) the success of new
operations which we have commenced and of our new business strategy; (iii) our
limited operating history in our new business; (iv) potential fluctuations in
our quarterly operating results; and (v) challenges facing us relating to our
growth. The accompanying information contained in this report, including the
information set forth under "Management's Discussion and Analysis or Plan of
Operation", identifies important factors that could cause such differences.
These forward-looking statements speak only as of the date of this report, and
we caution potential investors not to place undue reliance on such statements.
We undertake no obligation to update or revise any forward-looking statements.
All subsequent written or oral forward-looking statements attributable to us or
persons acting on our behalf are expressly qualified in their entirety by the
Cautionary Statements.

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CONTACT: Manhattan Bridge Capital, Inc.
Assaf Ran, CEO
(212) 489-6800