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We study the effect of the Act regarding SME financing on the bank financing as well as on the real variables growth, investments and sales of SMEs. Few studies have been undertaken on the effects of this act on the economic aspects. We examine if the first version of the Act regarding SME financing, which was introduced in 2013, reaches its purpose to make access to credit easier for SMEs. Hereby, we focus on article 9 of this act, which includes a regulation about the prepayment fee that a credit provider can charge when an SME prepaid its credit. Based on data abducted from Bel-first that includes firm characteristics from 2012 until 2016, we constructed two types of difference-in-differences regressions. We find that there is no significant effect of the Act regarding SME financing on bank financing or on the real variables growth, investments and sales. Thus, the Act regarding SME financing not reaches its purpose to make access to credit easier for SMEs.