Daily News: November 12, 2012

PNC Business Credit Provides Revolving Facilities to DLCS


Dermatopathology Laboratory of Central States (DLCS), an anatomic pathology and molecular diagnostics laboratory, announced that it has entered into an agreement with PNC Bank that secures the capital required to fund the laboratory’s 2013 expansion plans.

The revolving credit facilities, which were led and structured by PNC Business Credit, will provide DLCS with significant flexibility to fund growth that includes but is not limited to mergers and acquisitions.

“The arrangement with PNC Bank enables DLCS to continue to drive our strategy for organic growth while capitalizing on strategic opportunities as they arise,” said Robert E. Nevin. “The credit line