TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
May 28, 2025
Source: Cambridge Savings Bank
Following decades of steady expansion, the international printing solutions company will use flexible credit facility to invest in new equipment, streamline operations, and scale its reach
CAMBRIDGE, MA – May 29, 2025 – Cambridge Savings Bank (“CSB”), a full-service mutual bank with a customer-first approach and $7 billion in assets, today 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.
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About Global Printing & Packaging
Founded in 1965, Global Printing & Packaging is a Marlborough, Massachusetts-based provider of high-quality packaging, printing, and logistics solutions. Serving clients across North America, the company offers services ranging from structural design and commercial printing to international sourcing and fulfillment. With a legacy rooted in family values and a focus on innovation, GPP delivers tailored, cost-effective solutions that help businesses bring their products to market efficiently. Learn more at www.gprinting.com.
About Cambridge Savings Bank
Cambridge Savings Bank is a full-service banking institution with $7 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. In March 2023, Kroll Bond Rating Agency affirmed CSB’s investment-grade rating, reinforcing the bank’s position as a reliable business lender. To learn more about how CSB can meet your needs, visit us at cambridgesavings.com, or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. NMLS # 543370.
MEDIA CONTACTS:
Meaghan McNichol
meaghan@streetcredpr.com
412-720-3777
Justin Pirigyi
justin@streetcredpr.com
619-316-9195
csb@streetcredpr.com

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