PPI stands for Payment Protection Insurance and its purpose is to provide policy holders with assistance in covering debts. In the event that accident, illness, death or loss of job makes covering monthly payments impossible, PPI claims are then filed. A PPI policy would be specific to a certain loan or debt owed by a consumer. PPI is most common on mortgages, but is also sold on auto loans and credit... 
If you can show a strong financial background and a business plan that is solid, then you are the person that lenders like to lend to. It is hard enough for business to get off the ground anyway, and with the economy the way it is, the struggle is even harder. One thing that lenders will find out is if you have a history of not managing money properly in that past as this will make them think twice before... 