Global Printing & Packaging Secures $5m Revolving Line of Credit to Scale Operations and Enhance Digital Infrastructure
ByAinvest
Saturday, May 31, 2025 6:28 am ET2min read
PGP--
GPP, founded in 1965, has expanded from a small, family-owned business specializing in business forms and letterhead design to a global provider of consumer product packaging solutions. The company, under the leadership of CEO Douglas Dratch, combines advanced sourcing, testing, logistics, and distribution capabilities to deliver full-service packaging solutions from concept to shelf. Its products are available through major retailers such as Walmart, Target, Home Depot, and Amazon.
The $5 million revolving line of credit from CSB will provide GPP with the working capital needed to support day-to-day operations and strategic growth. The flexible credit facility is structured to accommodate the company's seasonal cash flow cycles, ensuring stability and future planning. This partnership reflects CSB's focus on building lasting relationships with local businesses by offering practical solutions tailored to their operations.
Dratch expressed his pride in carrying forward the legacy of GPP and highlighted the importance of the partnership with CSB. "This partnership 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."
Yvonne Kizner, Senior Vice President, Head of Asset-Based Lending at CSB, stated, "We take pride in partnering with businesses like Global Printing & Packaging that have a rich history and a forward-looking vision. 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 offers a full suite of Asset-Based Lending, Corporate Banking and Lending, Commercial Real Estate Lending, Treasury Management, and Trade Services solutions. The bank, with $7 billion in assets, is committed to improving the quality of life of its employees, customers, and the communities it serves.
References:
[1] https://www.morningstar.com/news/business-wire/20250529951775/cambridge-savings-bank-provides-global-printing-packaging-with-5-million-revolving-line-of-credit-to-fuel-strategic-growth
[2] https://www.marketscreener.com/quote/stock/MANHATTAN-ASSOCIATES-INC-9939/news/Manhattan-Associates-Launches-Supply-Chain-Commerce-Solutions-on-Google-Cloud-Marketplace-50085143/
[3] https://www.businesswire.com/news/home/20250529951775/en/Cambridge-Savings-Bank-Provides-Global-Printing-Packaging-with-%245-Million-Revolving-Line-of-Credit-to-Fuel-Strategic-Growth
ULH--
WMT--
Global Printing & Packaging secured a $5m revolving line of credit from Cambridge Savings Bank to support its operational needs and strategic expansion plans. The funding will be used to invest in new equipment, optimize its supply chain, and enhance digital infrastructure. The credit facility is designed to accommodate the company's seasonal cash flow cycles, ensuring its steadiness and future planning. The partnership will empower the company to take the next step in its evolution and provide the quality, reliability, and value its customers expect.
Global Printing & Packaging (GPP), a leading provider of high-quality packaging and printing solutions, has secured a $5 million revolving line of credit from Cambridge Savings Bank (CSB) to fuel its strategic growth plans. The funding will be utilized to invest in new equipment, optimize its supply chain, and enhance its digital infrastructure, all aimed at better serving its growing customer base.GPP, founded in 1965, has expanded from a small, family-owned business specializing in business forms and letterhead design to a global provider of consumer product packaging solutions. The company, under the leadership of CEO Douglas Dratch, combines advanced sourcing, testing, logistics, and distribution capabilities to deliver full-service packaging solutions from concept to shelf. Its products are available through major retailers such as Walmart, Target, Home Depot, and Amazon.
The $5 million revolving line of credit from CSB will provide GPP with the working capital needed to support day-to-day operations and strategic growth. The flexible credit facility is structured to accommodate the company's seasonal cash flow cycles, ensuring stability and future planning. This partnership reflects CSB's focus on building lasting relationships with local businesses by offering practical solutions tailored to their operations.
Dratch expressed his pride in carrying forward the legacy of GPP and highlighted the importance of the partnership with CSB. "This partnership 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."
Yvonne Kizner, Senior Vice President, Head of Asset-Based Lending at CSB, stated, "We take pride in partnering with businesses like Global Printing & Packaging that have a rich history and a forward-looking vision. 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 offers a full suite of Asset-Based Lending, Corporate Banking and Lending, Commercial Real Estate Lending, Treasury Management, and Trade Services solutions. The bank, with $7 billion in assets, is committed to improving the quality of life of its employees, customers, and the communities it serves.
References:
[1] https://www.morningstar.com/news/business-wire/20250529951775/cambridge-savings-bank-provides-global-printing-packaging-with-5-million-revolving-line-of-credit-to-fuel-strategic-growth
[2] https://www.marketscreener.com/quote/stock/MANHATTAN-ASSOCIATES-INC-9939/news/Manhattan-Associates-Launches-Supply-Chain-Commerce-Solutions-on-Google-Cloud-Marketplace-50085143/
[3] https://www.businesswire.com/news/home/20250529951775/en/Cambridge-Savings-Bank-Provides-Global-Printing-Packaging-with-%245-Million-Revolving-Line-of-Credit-to-Fuel-Strategic-Growth
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet