Worcester Envelope Company

Cambridge Savings Bank Asset-Based Lending Team Empowers Expansion of Historic Local Business Worcester Envelope Company

Retrieved on: 
Tuesday, April 13, 2021

Demonstrating Moore\xe2\x80\x99s commitment to empowering local institutions, CSB\xe2\x80\x99s Lending team was able to deliver solutions that supported the needs of the company.

Key Points: 
  • Demonstrating Moore\xe2\x80\x99s commitment to empowering local institutions, CSB\xe2\x80\x99s Lending team was able to deliver solutions that supported the needs of the company.
  • CSB\xe2\x80\x99s Asset-Based Lending team provided the financing solution for Moore\xe2\x80\x99s acquisition of Worcester\xe2\x80\x99s production facilities.
  • As the facilities are now owned by Moore, the company can make renovations and improvements to support the continued growth and expansion of Worcester.\n\xe2\x80\x9cWorcester Envelope Company was founded in 1893 \xe2\x80\x93 we have been able to expand and thrive for generations because customer care is the foundation our company is built on,\xe2\x80\x9d said Derek Waterhouse , president of Worcester Envelope Company.
  • Cambridge Savings Bank is the bank you can trust to provide customized services to meet your business needs.