Ameritrans Capital Corp. (AMTC)

Ameritrans Capital Corporation and its subsidiaries engage in lending and investment activities. It makes loans to taxi owners to finance the acquisition and operation of taxi medallions and related assets in the Chicago, New York City, Miami, and Boston markets, and to other small businesses. The company also makes equity investments in small business concerns. Ameritrans was founded in 1979 and is based in New York, New York.

For the fiscal year ended 30 June 2006, Ameritrans Capital Corporation's revenues decreased 14% to $5.3M. Net loss applicable to Common totaled $556K, up from $225K. Revenues reflect a decrease in interest on loans receivable, lower leasing income, decreased fee income and the absence of gain on sale of equity securities. Higher loss reflects higher salaries & employee benefits and the presence of loss on equity securities.