Ameritrans Capital Corp – Credit Agreements Watch

from 10-Q 3 pages April 30, 2009 Gary Granoff, President Elk Associates Funding Corp. 747 Third Avenue New York, Ny 10017 Re: Line Letter for $352,000.00 Line of Credit Dear Mr. Granoff

from 10-Q 4 pages Gary Granoff, President Elk Associates Funding Corp. 747 Third Avenue New York, Ny 10017 Re: Line Letter for $420,000 Line of Credit Dear Mr. Granoff

from 10-Q 10 pages Citibank, N.A. (“Citibank”) Is Pleased to Advise You It Holds Available for Elk Associates Funding Corporation (The “Borrower”), a Corporation Organized and in Good Standing Under the Laws of the State of New York, a Line of Credit (The “Line”) in the Amount of $380,000, Subject to the Following Terms and Conditions: 1. Description of the Line: Loans Provided Under the Line Shall Be Evidenced by Citibank’s Master Note (The “Note”) in the Amount of the Line Which Note Shall Bear Interest at a Rate to Be Elected by the Borrowers at the Time of Each Request for an Advance Equal to Either: (I) Prime Rate Option: A Rate of Interest Equal to 1% Above the Prime Rate of Interest Announced by the Bank From Time to Time at Its Principal Office as Its Prime Commercial Lending Rate (The “Prime Rate”). Any Change in the Prime Rate Shall Take Effect on the Date of the Change in the Prime Rate. (II) Libor Rate Option: A Rate of Interest Equal to the Reserve Adjusted Libor, as Such Term Is Defined in the Note, Plus a Margin of 300 Basis Points for Interest Periods of 30 or 60 Days

from 10-Q/A 11 pages Citibank, N.A. (“Citibank”) Is Pleased to Advise You It Holds Available for Elk Associates Funding Corporation (The “Borrower”), a Corporation Organized and in Good Standing Under the Laws of the State of New York, a Line of Credit (The “Line”) in the Amount of $16,000,000, Subject to the Following Terms and Conditions: 1. Description of the Line: Loans Provided Under the Line Shall Be Evidenced by Citibank’s Master Note (The “Note”) in the Amount of the Line. Each Advance Thereunder Shall Bear Interest at a Rate to Be Elected by the Borrower at the Time of Each Request for an Advance Equal to Either: (I) Prime Rate Option: A Rate of Interest Equal to ½% Below the Prime Rate of Interest as Published in the Money Rates Column of the Wall Street Journal From Time to Time (The “Prime Rate”). Any Change in the Prime Rate Shall Take Effect on the Date of the Change in the Prime Rate, or (II) Libor Rate Option: A Rate of Interest Equal to the Libor Rate, as Such Term Is Defined in the Note, Plus a Margin of 150 Basis Points for Interest Periods of 30, 60 or 90 Days

from 10-Q 11 pages Citibank, N.A. (“Citibank”) Is Pleased to Advise You It Holds Available for Elk Associates Funding Corporation (The “Borrower”), a Corporation Organized and in Good Standing Under the Laws of the State of New York, a Line of Credit (The “Line”) in the Amount of $16,000,000, Subject to the Following Terms and Conditions: 1. Description of the Line: Loans Provided Under the Line Shall Be Evidenced by Citibank’s Master Note (The “Note”) in the Amount of the Line. Each Advance Thereunder Shall Bear Interest at a Rate to Be Elected by the Borrower at the Time of Each Request for an Advance Equal to Either: (I) Prime Rate Option: A Rate of Interest Equal to ½% Below the Prime Rate of Interest as Published in the Money Rates Column of the Wall Street Journal From Time to Time (The “Prime Rate”). Any Change in the Prime Rate Shall Take Effect on the Date of the Change in the Prime Rate, or (II) Libor Rate Option: A Rate of Interest Equal to the Libor Rate, as Such Term Is Defined in the Note, Plus a Margin of 150 Basis Points for Interest Periods of 30, 60 or 90 Days

from 10-Q 1 page Exhibit 10.28 Credit Letter Idb

from 10-Q 1 page Line of Credit Letter

from 10-Q 1 page Material contract

from 10-Q ~10 pages Line of Credit Agreement Dated February 4, 2003