8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)	November 20, 2012
AMERITRANS CAPITAL CORPORATION
(Exact name of registrant as specified in its charter)

Delaware	814-00193	52-2102424
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
50 Jericho Quadrangle, Suite 109 Jericho, New York		11753
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code    (212) 355-2449
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

Item 8.01        Other Events

On November 20, 2012, Ameritrans Capital Corporation (“Ameritrans”) issued the press release attached hereto as Exhibit 99.1, announcing its investment in Bradway Capital GAB, LLC.

Item 9.01        Financial Statements and Exhibits

(d)           Exhibits

Exhibit No.	Description
99.1	Press Release, dated November 20, 2012

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AMERITRANS CAPITAL CORPORATION
Date:  November 26, 2012	By:	/s/ Michael Feinsod
		Name: Michael Feinsod Title:   Chief Executive Officer and President

EX-99.1

Exhibit 99.1

Ameritrans Capital Corporation and Bradway Capital GAB, LLC

Enter Into Investment and Agreement

First Investment of Ameritrans Since February 2012

JERICHO, NY November 20, 2012 / - Ameritrans Capital Corporation (OTCQB: AMTC, AMTCP), a business development company, and Bradway Capital GAB, LLC (“BCG”), the owner of a bicycle manufacturer, today announced that Ameritrans has purchased an interest in BCG.  BCG owns substantially all of the non-real estate related assets of Serotta Competition Bicycles and its wholly-owned subsidiary, Great American Bicycle, LLC.

In connection with its investment, Ameritrans was granted a 75-day right of first refusal on any sale of membership interests or notes by BCG.

This is the first new investment made by Ameritrans since February 2012.

About Serotta

Serotta was founded in 1972 to build handcrafted bicycles.  The Serotta experience strives to make each moment on the bike more meaningful.   Starting with the introduction of the Size Cycle and the company’s educational programs, Serotta has sought to transform the way the industry looks at bike fitting. Serottas have been tested in dozens of the world’s cycling competitions, from the Olympics (first appearance in 1976) to the Tour de France and World Championships in Road, Mountain, Time Trial and Triathlon. Today, Serotta builds its 100 percent handcrafted bicycles in its factories in Saratoga Springs, New York, and Poway, California.

About Ameritrans Capital Corporation

Ameritrans Capital Corporation is a publicly traded, internally managed business development company. The Company originates, structures, finances and manages a portfolio of term loans, mezzanine investments and selected debt and equity securities in middle market companies.  Ameritrans' wholly owned subsidiary Elk Associates Funding Corporation (“Elk”) was licensed by the United States Small Business Administration as a Small Business Investment Company (SBIC) in 1980.  On October 31, 2012, Elk entered into a Settlement Agreement and Mutual Release with the United States Small Business Administration (the “SBA”) pursuant to which, among other things, Elk agreed to pay $7.9 million to the SBA in full satisfaction of all of its indebtedness to the SBA and Elk agreed to surrender its SBIC license.

Forward Looking Statements

This press release may contain certain forward-looking statements, including statements with regard to the proposed common stock purchase and debt financing transactions and other actions described in this press release.  Words such as "intends," "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties, including the satisfaction of the conditions of the proposed transactions on the proposed timeframe or at all, and other factors enumerated in the filings Ameritrans Capital Corporation makes with the SEC. Ameritrans Capital Corporation undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:   Michael Feinsod

                  212-355-2449