PNC is a great institution, and I’m telling you straight up: this is a great time to apply for a PNC business loan if you walk in prepared. In this video, I break down PNC’s $3M business loan program and the four buckets it falls under: the small business loan ($20K–$100K), secured small business loan ($100K–$3M), small business commercial real estate loan ($100K–$3M), and vehicle finance loan ($10K–$250K). I also explain the reality nobody likes to hear: if you want the full $3 million, you’re usually collateralizing—real estate or business assets—because that’s how the big money gets comfortable. Then I unpack the 10 underwriting requirements PNC literally publishes in their own lending guide, and I translate it into plain English. We talk credit history (personal + business), years in business (typically 3+), financial trends, debt service coverage (EBITDA has to beat the payment), debt-to-income (they want ~40% or less), leverage (liabilities shouldn’t exceed 4x net worth), your payment history with PNC, and yes—overdrafts matter. I also cover industry risk and owner net worth, plus an “honorable mention” requirement: collateral, when it applies. Bottom line: bring real numbers, keep your accounts clean, and don’t ignore the small stuff.