-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 QkMPMOghntWuE6sNHKBIrrbVUP2GsMUyj3w3wIBrH41Et9HHi4Xf1hQx9W8yqne6
 sA0m8AwpCKMN7hVpTVfEfQ==

<SEC-DOCUMENT>0001169232-03-005871.txt : 20080626
<SEC-HEADER>0001169232-03-005871.hdr.sgml : 20080626
<ACCEPTANCE-DATETIME>20030930134909
ACCESSION NUMBER:		0001169232-03-005871
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030926
FILED AS OF DATE:		20030930
DATE AS OF CHANGE:		20080620

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERITRANS CAPITAL CORP
		CENTRAL INDEX KEY:			0001064015
		IRS NUMBER:				522102424
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0607

	BUSINESS ADDRESS:	
		STREET 1:		747 THIRD AVENUE
		STREET 2:		4TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2123552449

	MAIL ADDRESS:	
		STREET 1:		747 THIRD AVENUE
		STREET 2:		4TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FINCH WESLEY
		CENTRAL INDEX KEY:			0001201601

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00193
		FILM NUMBER:		03917109

	BUSINESS ADDRESS:	
		STREET 1:		FINCH GROUP
		STREET 2:		1801 CLINT MOORE ROAD
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33487-2752
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>d03-57025_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-09-26</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001064015</issuerCik>
        <issuerName>AMERITRANS CAPITAL CORP</issuerName>
        <issuerTradingSymbol>AMTC</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001201601</rptOwnerCik>
            <rptOwnerName>FINCH WESLEY</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>FINCH GROUP</rptOwnerStreet1>
            <rptOwnerStreet2>1801 CLINT MOORE ROAD</rptOwnerStreet2>
            <rptOwnerCity>BOCA RATON</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33487-2752</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
      </reportingOwnerRelationship>
   </reportingOwner>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Non-Employee Director Stock Options</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>4.58</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-09-26</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>A</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>10917</value>
         </transactionShares>
         <transactionPricePerShare>
            <footnoteId id="F3"/>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>2004-09-26</value>
      </exerciseDate>
      <expirationDate>
         <value>2008-09-26</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>10917</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>20917</value>
            <footnoteId id="F1"/>
            <footnoteId id="F2"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> Includes 10,000 publicly distributed warrants exercisable into 10,000 shares of common stock of Ameritrans Capital Corporation.</footnote>

      <footnote id="F2"> Mr. Finch also beneficially owns 29,871 shares of Common Stock and 10,000 shares of 9 3/8 % Participating Preferred Stock. Additionally, Mr. Finch has disclaimed beneficial ownership of (i) 6,000 shares of Common Stock owned by his wife and (ii) 26,300 shares of Common Stock held by The Tudor Trust, which is a grantor trust, of which Mr. Finch is the grantor, and Mr. Finch's wife and two children are the beneficiaries and Mr. Finch's wife is one of the two trustees.</footnote>

      <footnote id="F3"> Non-employee Director grant.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>/s/ Wesley Finch</signatureName>
      <signatureDate>2003-09-30</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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