The conventional structure of a woman fixes her to a stereotype, whereby she is attributed to a defined set of duties that she is supposed to perform. In case, the applicant's credit history is not up to the lender's credit standards, the financier would require an additional guarantee, the absence of which would disqualify the borrower from obtaining the loan.

But before applying for loans always estimate the value of your expenses and present the layout to the lenders in a rational and logical way as loans are approved based up on the layout of the commercial activities.

It should be pointed out that if you have substantial collateral, such as real estate, stocks and bonds, or even a late model car, you may dispense with finding a cosigner if you are willing to put that property up as security for the loan.

PNB also enables housewives, in particular, and women, in general, to supplement family income and use their spare time profitably through this business funding spa scheme by taking up projects as artisans or under village and cottage industries, small-scale industries, small business and retail trade.

Apart from the necessary documents, you would also need to present at the bank all the SBA requirements such as the SBA loan application, a personal financial statement, a good business plan, medical financing 3 years of business financial statements, 3 years of federal business tax returns, information about all owners and detailed information on how the business would benefit from the loan.