Xtant Medical Holdings, a manufacturer of orthopedic products for domestic and international markets, expanded its accounts receivable revolving credit facility with Silicon Valley Bank to provide an additional $5 million in funds, making a total credit facility available of $11 million.

The credit facility will be utilized for working capital purposes in order to fund future growth.

Dan Goldberger, Xtant CEO, said, “We are pleased to announce this credit facility expansion, which will provide the flexibility that will allow us to continue to develop presence by meeting our inventory requirements to supply the growing demand for our products and services.”