U.S. 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


                                December 22, 2005
                                  ------------
                                 Date of Report
                       (Date of Earliest Event Reported)


                         AMERITRANS CAPITAL CORPORATION

             (Exact name of Registrant as specified in its charter)


Delaware                               333-63951                  52-2102424
(State or other jurisdiction     (Commission  File No.)       I.R.S.   Employee
of incorporation or organization)				 I.D. Number)



                          747 Third Avenue, 4th Floor
                            New York, New York 10017
            (Address of principal executive offices)     (Zip Code)



                                 (800) 214-1047
              (Registrant's telephone number, including area code)


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 (see General Instruction A.2. below):

[ ]   Written communications pursuant to Rule 425 under the  Securities
Act (17 CFR230.425)

[ ]   Soliciting material pursuant to Rule 14a-12 under  the Exchange
Act (17CFR240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17CFR240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17CFR240.13e-4(c))





Items to be Included in this Report

Item  5.02.    Departure  of  Directors,  or  Principal  Officers;  Election  of
Directors; Appointment of Principal Officers

Ameritrans  Capital  Corporation  (the  "Company") issued a press release to the
news media announcing the resignation of directors and election of Directors

The information furnished is not deemed "filed"  for  purposes  of Section 18 of
the Securities Exchange Act
 of 1934, as amended, is not subject to the liabilities of that section  and  is
not  deemed  incorporated by reference in any filing under the Securities Act of
1933, as amended.


A copy  of  the  press  release  is  attached  hereto  as  Exhibit  99.1  and is
incorporated herein by reference.


                                   SIGNATURES

Pursuant  to  the  requirements  of  the  Securities Exchange Act of 1934, the
Registrant has duly authorized and caused the undersigned to sign this Report on
the Registrant's behalf.

                         AMERITRANS CAPITAL CORPORATION



                       By:
                       Name:  	Gary C. Granoff
                       Title:   President
				Chief Executive Officer
				Chief Financial Officer

Dated: December 22, 2005


Exhibit Index


Exhibit
Number                 Description

99                     Press Release dated December 22, 2005