PROFILE |
 |
When cabbies need a loan, they hail Ameritrans Capital. The firm owns Elk Associates Funding, a Small Business Investment Company (SBIC) that makes loans primarily to Boston, Chicago, Miami, and New York taxicab owners who require financing to buy medallions (city-granted operating licenses). Such loans, which account for about 80% of the firm's portfolio, have long payment terms and low down payments. Elk Associates Funding also makes SBA loans to economically or socially disadvantaged operators of such businesses as dry cleaners, laundromats, car washes, and restaurants. Chairman and CEO Gary Granoff and his family own nearly 40% of Ameritrans Capital. Rival Medallion Financial is set to buy the firm.
COMPETITION |
 |
FleetBoston Financial Corporation (FBF)
Medallion Financial Corp. (TAXI)
Winfield Capital Corp. (WCAP)
|
 |
STOCK ANALYSIS |
 |
FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: June
2000 Sales (mil.): 6.60
1-Yr. Sales Growth: 17.9%
Employees: 6
Revenue per employee: $1,100,000.00
KEY PEOPLE |
 |
Gary C. Granoff
CEO
CONTACT INFO |
 |
747 3rd Ave., 4th Fl.
New York, NY 10017
US
Phone: 212-421-2111
Fax: 212-759-3338
|