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Cambridge Savings Bank Expands Credit Facilities by Over 90% for Crave Better Foods

Date: Feb 25, 2026 @ 08:15 AM

Cambridge Savings Bank (CSB) expanded and extended its revolving credit facility for Crave Better Foods, LLC, 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 and reflects CSB’s continued confidence in Crave Better Foods’ long-term strategy.

“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,” said David Clarke, CEO of Crave Better Foods. “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.”

Crave Better Foods, the innovative food company behind well-known frozen treats and consumer brands, including The Original Chipwich ice cream cookie sandwich, and Jonesbar organic energy bars, continues to expand its distribution footprint and deepen relationships with retail and wholesale partners nationwide. 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,” said John Bobbin, First Vice President and Senior Asset-Based Lending Officer at Cambridge Savings Bank. “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.”

CSB’s Asset-Based Lending group works with companies across industries to deliver customized financing solutions designed to support growth, manage complexity, and adapt to changing business conditions. 

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