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Ameritrans Capital Corporation (AMTCP) [hlAlert]

Ameritrans Capital Corporation (Ameritrans) is a closed-end investment company, which makes loans and investments with the goal of generating both current income and capital appreciation. Through its wholly owned subsidiary, Elk Associates Funding Corporation (Elk), the Company makes loans to finance the acquisition and
operation of small businesses as permitted by the United States Small Business Administration (the SBA) Regulation. Elk was organized primarily to provide long-term loans to businesses eligible for investments (Small Business Concerns) by small business investment companies (SBICs). Ameritrans makes loans, which have primarily been secured by real estate mortgages, senior corporate loans and equity investments which have been in income producing real estate properties, or in real estate construction projects. It operates in five segments: Corporate Loans, Commercial Loans, Life Insurance Settlements, Equity Investments and Taxicab Medallion Finance.
( Total: Current Stock Recommendations )
Ameritrans Capital Corporation   ()
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AMTCP 1.38 down  -31.00 %

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