Cambridge Savings Bank (“CSB”), a full-service mutual bank with a customer-first approach and $7 billion in assets, announced that its Asset-Based Lending (“ABL”) team has provided a $5 million revolving line of credit to Global Printing & Packaging (“GPP”). Headquartered in Marlborough, Massachusetts, GPP is a longstanding provider of high-quality consumer product packaging and logistics solutions, offering global manufacturing at scale.
Founded in 1965, GPP began as a small, family-owned business specializing in business forms and letterhead design. Over the years, it has expanded into consumer product packaging, offering structural design and production services for all types of packaging. Today, under the leadership of CEO Douglas Dratch, GPP combines advanced sourcing, testing, logistics and distribution capabilities to provide full-service packaging solutions that meet clients' needs from concept to shelf. Its products are available through every major retailer including Walmart, Target, Home Depot, Lowes, Best Buy, Amazon, Staples, Office Depot, CVS, Wayfair, and BJ’s.
“I’m proud to carry forward the legacy my Dad built through decades of hard work and dedication at Global Printing & Packaging,” said Dratch. “This partnership with Cambridge Savings Bank not only honors that legacy but also empowers us to take the next step in our evolution. With enhanced financial flexibility, we’re able to invest in new technologies, expand our capabilities, and scale our operations—all while continuing to provide the quality, reliability, and value our customers have come to expect.”
The $5 million revolving line of credit from CSB will provide GPP with the working capital needed to support day-to-day operations and fuel strategic growth. With enhanced financial flexibility, the company plans to invest in new equipment, streamline its supply chain, and strengthen its digital infrastructure– moves all aimed at better serving its growing customer base.
Dratch added, “Our mission has always been simple: to help our clients create something amazing. What stood out about CSB was their relationship-first approach. They took the time to understand how we operate and what we’re building toward. Like us, they believe success comes from trust, long-term thinking, and doing right by your customers.”
Structured to support the company’s seasonal cash flow cycles, the CSB credit facility provides the flexibility needed to manage operations throughout the year. By aligning the credit terms with Global Printing’s business model and customer base, CSB is helping the company maintain stability and plan for the future. This approach reflects CSB’s focus on building lasting relationships with local businesses by offering practical solutions tailored to how they operate.
“At Cambridge Savings Bank, we take pride in partnering with businesses like Global Printing & Packaging that have a rich history and a forward-looking vision,” said Yvonne Kizner, Senior Vice President, Head of Asset-Based Lending at CSB. “Our team worked closely with Doug and his leadership team to understand the company’s growth trajectory and seasonal needs, enabling us to structure a flexible credit facility that will support their continued innovation and expansion. We look forward to building on this foundation and supporting the Global Printing team in future phases of their growth.”
CSB’s commercial division is focused on serving the needs of its local communities and businesses, offering a full suite of Asset-Based Lending, Corporate Banking and Lending, Commercial Real Estate Lending, Treasury Management, and Trade Services solutions. To learn more about CSB’s custom solutions for commercial entities, please contact Yvonne Kizner at ykizner@cambridgesavings.com.