{"id":7381,"date":"2025-05-30T04:08:55","date_gmt":"2025-05-30T08:08:55","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=7381"},"modified":"2025-05-30T04:08:55","modified_gmt":"2025-05-30T08:08:55","slug":"global-printing-packaging-secures-revolving-line-of-credit-to-scale-reach","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=7381","title":{"rendered":"Global Printing & Packaging secures revolving line of credit to scale reach"},"content":{"rendered":"


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The bank\u2019s credit conditions align with the company\u2019s business structure. Credit: sevenke\/Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

Global Printing & Packaging (GPP), a US-based provider of packaging, printing, and logistics solutions, has secured a $5m revolving line of credit from the asset-based lending team\u00a0of Cambridge Savings Bank (CSB) to scale its reach.<\/p>\n

The funding will support GPP\u2019s operational needs and strategic expansion plans. The company will invest in new equipment, optimise its supply chain, and enhance its digital infrastructure.<\/p>\n

Headquartered in Marlborough, Massachusetts, GPP has been in the packaging industry since its inception in 1965.<\/p>\n

Initially a family-owned business, GPP has grown to offer global manufacturing at scale, with products available through major retailers such as Walmart, Amazon, and Best Buy.<\/p>\n

It serves clients in the North America region.<\/p>\n

GPP offers services ranging from structural design and commercial printing to sourcing and fulfilment.<\/p>\n

GPP CEO Douglas Dratch said: \u201cI\u2019m proud to carry forward the legacy my dad built through decades of hard work and dedication at Global Printing & Packaging.<\/p>\n

\u201cThis partnership with Cambridge Savings Bank not only honours that legacy but also empowers us to take the next step in our evolution. With enhanced financial flexibility, we\u2019re able to invest in new technologies, expand our capabilities, and scale our operations \u2013 all while continuing to provide the quality, reliability, and value our customers have come to expect.\u201d<\/p>\n

The bank\u2019s credit facility is designed to accommodate the company\u2019s seasonal cash flow cycles. It offers the necessary adaptability for year-round operational management.<\/p>\n

GPP stated that the bank\u2019s credit conditions align with its business structure and ensure its steadiness and future planning.<\/p>\n

CSB asset-based lending head and senior vice-president Yvonne Kizner said: \u201cOur team worked closely with Doug and his leadership team to understand the company\u2019s growth trajectory and seasonal needs, enabling us to structure a flexible credit facility that will support their continued innovation and expansion. <\/p>\n

\u201cWe look forward to building on this foundation and supporting the Global Printing team in future phases of their growth.\u201d<\/p>\n

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