Exhibit 99.1
                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Ameritrans Capital Corporation (the
"Company") on Form 10-Q for the six months ended December 31, 2002, as filed
with the Securities and Exchange Commission on the date hereof (the "Report"),
I, Gary C. Granoff, President, Chief Executive Officer, and Chief Financial
Officer of the Company, certify, pursuant to 18 U.S.C. ss. 1350, as adopted
pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:

            1.    The Report fully complies with the requirements of section
                  13(a) or 15(d) of the Securities Exchange Act of 1934; and

            2.    The information contained in the Report fairly presents, in
                  all material respects, the financial condition and results of
                  operations of the Company.


/s/ Gary C. Granoff
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Gary C. Granoff
President, Chief Executive Officer, and Chief Financial Officer

February 14, 2003


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