{"id":406628,"date":"2020-12-30T11:38:05","date_gmt":"2020-12-30T16:38:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=406628"},"modified":"2020-12-30T11:38:05","modified_gmt":"2020-12-30T16:38:05","slug":"tab-bank-provides-4-million-senior-credit-facility-to-the-good-bean","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-4-million-senior-credit-facility-to-the-good-bean\/","title":{"rendered":"TAB Bank Provides $4 Million Senior Credit Facility to The Good Bean"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">OGDEN, Utah, Dec.  30, 2020  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.tabbank.com\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">TAB Bank<\/a> is pleased to announce it has entered into a multi-year agreement with\u00a0<a href=\"https:\/\/thegoodbean.com\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">The Good Bean<\/a> to provide a $4 million revolving credit facility. The facility was used to provide for the company\u2019s ongoing working capital needs as it continues grow and expand the reach of its portfolio of healthy plant-based snacks, confections, and other innovations.<\/p>\n<p align=\"left\">Founded by in 2010, The Good Bean is a Berkeley, CA based manufacturer and wholesaler of plant-based foods centered on the notion that \u201cBeans Are Better\u201d.<\/p>\n<p align=\"left\">The Good Bean snacks are all-natural, vegan, and NON-GMO verified. The company takes great pride in sourcing the most delicious, minimally processed ingredients available with a commitment to regenerative agriculture in the US and promoting justice, equality, and diversity in the food industry.<\/p>\n<p align=\"left\">The company\u2019s products can be found in stores across the US and Canada, including Walmart, HEB, Safeway, Kroger, Publix, Loblaws, CVS, Rite Aid, 7-11. Costco, and on Amazon.com.<\/p>\n<p align=\"left\">\u201cFor a growing company, working with a trusted source of working capital is a necessity, but partnering with my colleagues at TAB reaches beyond a banking relationship into a sustained partnership that is supportive and aligned in a way that is rare, in my experience. I look forward to us growing together in the years to come.\u201d said Sarah Wallace, Co-Founder and CEO of The Good Bean.<\/p>\n<p align=\"left\">\u201dTAB is excited to partner with The Good Bean to support their mission to bring healthy and nutritious bean and plant-based snack products to the masses. TAB was able to understand the dynamic working capital requirements of this business and deliver the right solution; we are excited to be the company\u2019s financial partner and look forward to building a long and successful working relationship\u201d stated Brett Horwitz, TAB\u2019s Managing Director and Head of Originations in the Western Region.<\/p>\n<p align=\"left\">TAB Bank provides custom working capital solutions to\u00a0<a href=\"https:\/\/www.tabbank.com\/business\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>commercial businesses<\/u><\/a>\u00a0across a wide range of industries. These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions. TAB Bank does this through a variety of asset-based structures including Asset-Based Revolving Loans, Accounts Receivable Financing, Lines of Credit, and Equipment Finance. TAB\u2019s lending options can also be combined with a full suite of business banking solutions and Treasury Management Services.<\/p>\n<p align=\"left\">\n        <a href=\"http:\/\/www.tabbank.com\/sales-team\/brett-horwitz\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <u>Brett Horwitz<\/u><br \/>\n        <\/a>\u00a0is TAB Bank\u2019s Managing Director &amp; Head of Originations for the Western Region based in Los Angeles. Brett has years of experience developing client relationships and structuring credit facilities in the asset-based lending arena. Brett can be reached at\u00a0949.466.5255\u00a0or at\u00a0<a href=\"mailto:brett.horwitz@tabbank.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>brett.horwitz@tabbank.com<\/u><\/a>.<\/p>\n<p align=\"left\">Contact Information:<\/p>\n<p align=\"left\">Trevor Morris<br \/>Director of Marketing<br \/>801-624-5172<br \/><a href=\"mailto:trevor.morris@tabbank.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">trevor.morris@tabbank.com<\/a><br \/>Twitter &#8211; @TABBank<br \/>Facebook \u2013 facebook.com\/TABbank<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExODUxMCMzODk4ODY2IzIwMTc5MDA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/41513258-2f74-4503-9e96-511373e200fe\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>OGDEN, Utah, Dec. 30, 2020 (GLOBE NEWSWIRE) &#8212; TAB Bank is pleased to announce it has entered into a multi-year agreement with\u00a0The Good Bean to provide a $4 million revolving credit facility. The facility was used to provide for the company\u2019s ongoing working capital needs as it continues grow and expand the reach of its portfolio of healthy plant-based snacks, confections, and other innovations. Founded by in 2010, The Good Bean is a Berkeley, CA based manufacturer and wholesaler of plant-based foods centered on the notion that \u201cBeans Are Better\u201d. The Good Bean snacks are all-natural, vegan, and NON-GMO verified. The company takes great pride in sourcing the most delicious, minimally processed ingredients available with a commitment to regenerative agriculture &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-4-million-senior-credit-facility-to-the-good-bean\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TAB Bank Provides $4 Million Senior Credit Facility to The Good Bean&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-406628","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TAB Bank Provides $4 Million Senior Credit Facility to The Good Bean - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-4-million-senior-credit-facility-to-the-good-bean\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TAB Bank Provides $4 Million Senior Credit Facility to The Good Bean - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"OGDEN, Utah, Dec. 30, 2020 (GLOBE NEWSWIRE) &#8212; TAB Bank is pleased to announce it has entered into a multi-year agreement with\u00a0The Good Bean to provide a $4 million revolving credit facility. The facility was used to provide for the company\u2019s ongoing working capital needs as it continues grow and expand the reach of its portfolio of healthy plant-based snacks, confections, and other innovations. Founded by in 2010, The Good Bean is a Berkeley, CA based manufacturer and wholesaler of plant-based foods centered on the notion that \u201cBeans Are Better\u201d. The Good Bean snacks are all-natural, vegan, and NON-GMO verified. The company takes great pride in sourcing the most delicious, minimally processed ingredients available with a commitment to regenerative agriculture &hellip; Continue reading &quot;TAB Bank Provides $4 Million Senior Credit Facility to The Good Bean&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-4-million-senior-credit-facility-to-the-good-bean\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-30T16:38:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExODUxMCMzODk4ODY2IzIwMTc5MDA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-4-million-senior-credit-facility-to-the-good-bean\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-4-million-senior-credit-facility-to-the-good-bean\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TAB Bank Provides $4 Million Senior Credit Facility to The Good Bean\",\"datePublished\":\"2020-12-30T16:38:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-4-million-senior-credit-facility-to-the-good-bean\\\/\"},\"wordCount\":468,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-4-million-senior-credit-facility-to-the-good-bean\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExODUxMCMzODk4ODY2IzIwMTc5MDA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-4-million-senior-credit-facility-to-the-good-bean\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-4-million-senior-credit-facility-to-the-good-bean\\\/\",\"name\":\"TAB Bank Provides $4 Million Senior Credit Facility to The Good Bean - 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