-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 C24zbnK3wZygf+s/NpcITAwzbiazCD/8/NyDmzFZC2kkqj5idlWn+qGp66mQmDFl
 353+juC6+utBj5x9bjIqkA==

<SEC-DOCUMENT>0001201601-08-000002.txt : 20080626
<SEC-HEADER>0001201601-08-000002.hdr.sgml : 20080626
<ACCEPTANCE-DATETIME>20080522122320
ACCESSION NUMBER:		0001201601-08-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080506
FILED AS OF DATE:		20080522
DATE AS OF CHANGE:		20080620

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:		08853916

	BUSINESS ADDRESS:	
		STREET 1:		FINCH GROUP
		STREET 2:		1801 CLINT MOORE ROAD
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33487-2752

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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-05-06</periodOfReport>

    <notSubjectToSection16>1</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></rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity></rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>was Director until May 6 2008</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $0001 par value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>52171</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>see footnote</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>9 3/8 Cumulative Preferred Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>10000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">19,871 Shares owned directly byMr. Finch. 6,000 Shares owned directly by Mr. Finch's wife as to which he disclaims beneficial ownership and 26,300 Shares held by the Tudor Trust, a grantor trust, of which Mr. Finch is the grantor, Mr. Finch's wife and their two children are the beneficiaries, and Mr. Finch's wife is one of the two trustees.  Mr. Finch disclaims beneficial ownership of the trust's 26,300 Shares.</footnote>
    </footnotes>

    <remarks>Mr. Finch elected not to stand for re election to the Board at the annual meeting of shareholders that took place on May 6, 2008.</remarks>

    <ownerSignature>
        <signatureName>Wesley Finch</signatureName>
        <signatureDate>2008-05-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----