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 nine months ended March 31, 2003, 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
Section 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

                                  May 15, 2003


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