TAB Bank entered into a multi-year agreement with The Good Bean to provide a $4 million revolving credit facility. The facility was used to provide for the company’s 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 “Beans Are Better”.
 
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.

The company’s 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.

“For 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.” said Sarah Wallace, Co-Founder and CEO of The Good Bean

"TAB 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’s financial partner and look forward to building a long and successful working relationship” stated Brett Horwitz, TAB’s Managing Director and Head of Originations in the Western Region.