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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 Ub06J1Zi75t8wFxNsI1SCXJxfc1xoo3QRIOQZ5UA561aP3vyahHLRubU5lkUXMcb
 4JH7ztZUBM/0mMIaeFIStQ==

<SEC-DOCUMENT>0001330284-05-000003.txt : 20080626
<SEC-HEADER>0001330284-05-000003.hdr.sgml : 20080626
<ACCEPTANCE-DATETIME>20051227144312
ACCESSION NUMBER:		0001330284-05-000003
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051221
FILED AS OF DATE:		20051227
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:			CREDITOR PAUL
		CENTRAL INDEX KEY:			0001330284

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00193
		FILM NUMBER:		051286835

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		800-214-1047

	MAIL ADDRESS:	
		STREET 1:		AMERITRANS CAPITAL CORPORATION
		STREET 2:		747 THIRD AVE, 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>2005-12-21</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001064015</issuerCik>
        <issuerName>AMERITRANS CAPITAL CORP</issuerName>
        <issuerTradingSymbol>AMTC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001330284</rptOwnerCik>
            <rptOwnerName>CREDITOR PAUL</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>AMERITRANS CAPITAL CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>747 THIRD AVE, 4TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>resigned from Board 12/21/05</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock $.0001 par value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Non Employee Director Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>4.99</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-08-31</value>
            </exerciseDate>
            <expirationDate>
                <value>2009-08-31</value>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>10020</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>10020</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Mr. Creditor resigned from the Board effective December 21, 2005.  Pursuant to the Director Stock Option Plan, Mr. Creditor's options granted under the plan will be cancelled if not exercised within 30 days from the date he resigned from the Board.</footnote>
    </footnotes>

    <remarks>Mr. Creditor resigned from the Board effective December 21, 2005.</remarks>

    <ownerSignature>
        <signatureName>Paul Creditor</signatureName>
        <signatureDate>2005-12-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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