The objective of this article is an assessment of SMEs’ support policy in the management of repayable financing at the regional, national and international level. To achieve the assumed goals, the analysis of issues pointed in the article was based on non-reactive research. This analysis considered the data from the normative acts, statistics but also reports and analyzes published by the business institutions such as The National Association of Guarantee Funds or Polish Union of Loan Funds. After the study of the presented issues had been carried out, it turned out that current practices formulated in the area of funding programs should be verified. It seems that the most significant problem of financial areas in the EU in 2007-2013 is an excessive number of available funding programs and too big fragmentation of public institutions offering such support to SMEs. It has to be also highlighted that aforementioned factors of the institutional system of SMEs financing may have a smaller potential than they should.