Cambridge Savings Bank (CSB) has expanded and extended its revolving credit facility for Crave Better Foods, increasing available borrowing capacity by over 90% as the company enters its next phase of profitable growth. The expanded facility follows the successful maturation of the prior credit line in January 2026.
“Cambridge Savings Bank has been a trusted financial partner to Crave Better Foods for several years, and this expansion reflects a shared belief in our growth trajectory,” David Clarke, CEO of Crave Better Foods, said. “As we continue to scale our brands, strengthen our operations, and meet growing consumer demand, having a flexible, relationship-driven banking partner is critical. This increased capacity allows us to manage working capital more effectively while staying focused on disciplined, profitable growth.”
The expanded facility provided by CSB’s asset-based lending team supports the company’s evolving operational needs, including inventory planning and seasonal business dynamics.
“This expanded facility underscores our confidence in Crave Better Foods’ leadership team, brand strength and execution,” John Bobbin, first vice president and senior asset-based lending officer at CSB, said. “At CSB, we take a long-term, relationship-driven approach to banking. We’re proud to grow alongside Crave and provide flexible capital solutions that support sustainable, profitable success.”
