NEW YORK, May 18, 2010 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq:LOAN), provides short term, secured, non-banking, commercial loans to small businesses, announced today that on May 12, 2010, it was featured on SeekingAlpha.com. The article headlined "Manhattan Bridge Capital: An Actual Ben Graham Value Stock" by Hester. The article mentions that the Company provides factoring loans, but these loans are not currently provided by the Company. Seeking Alpha is the premier website for actionable stock market opinion and analysis, and vibrant, intelligent finance discussion. Seeking Alpha handpick articles from the world's top market blogs, money managers, financial experts and investment newsletters — publishing approximately 250 articles daily. Seeking Alpha gives a voice to over 3000 contributors, providing access to the nation's most savvy and inquisitive investors. Seeking Alpha site is the only free, online source for over 1,500 public companies' quarterly earnings call transcripts, including the S&P 500. Seeking Alpha was named the Most Informative Website by Kiplinger's Magazine and has received Forbes' 'Best of the Web' Award. The article stated: I have seen or read dozens of investors pitch their stocks saying, "This is a Ben Graham type pick" or "This is a stock Ben Graham would love." I don't know if those investors have never read Graham, or if that's just part of their sales pitch, but most of those stocks Ben Graham wouldn't go near. Many of them had negative tangible book value, or valuations that depended on strong growth. Let's get through the fog of Wall Street and look at a stock that Ben Graham actually might have owned. The stock that I'm talking about is Manhattan Bridge Capital ( LOAN). They are a very small company with a market cap of over $4 million. LOAN does two things, it provides bridge loans and it does something called factoring. Factoring is buying a company's accounts receivables for 75 or 85 cents on the dollar, providing immediate liquidity for the company while LOAN makes a profit when they collect the receivables in full. Bridge loans are short term collateralized commercial loans, with higher interest rates. Businesses typically need bridge loans when they are transitioning between buildings and haven't sold their old building to buy the new building yet. Manhattan Bridge's value is in their balance sheet. As of the end of March, they have about $8.3 million in current assets, and about $.8 million in total liabilities. That makes a net current asset value of about $7.5 million. Compare this to their current market cap of about $4.3 million, and they are clearly a bargain. Selling for 57% of NCAV, they are a typical cigar butt/Graham stock. Almost all of the current assets are receivables from loans made. So the question is, can Manhattan Bridge collect?