The problem of obtaining financing is the most prominent obstacle facing micro, small and medium enterprises. In spite of the great importance of such enterprises and their formation of the vast majority of economic establishments in the Kingdom, the size of the facilities granted to them is still very weak as the proportion of credit facilities granted to the sector of micro, small and medium-sized companies did not exceed 10% of the total credit facilities granted by licensed banks in Jordan during 2019, noting that the rate of this percentage in emerging economies globally ranges between 20% and 25%. The dimensions of this problem from the viewpoint of commercial banks can be attributed mainly to both; Lack of necessary guarantees and lack of reliable historical financial data by the borrower.

It is worth noting that the requests of small and medium enterprises rejected by the banks to obtain financing constituted 80% of the total applications for the total corporate sector.

Consequently, the SMEs technical support unit aims through this service to enhance the access of SMEs to the various sources of financing by helping to differentiate between the available financial services, arrange information for the service applicant, enhance awareness about loan operations and prepare the necessary feasibility studies. The Chamber is a link between the industrial establishments on the one hand and the banking and non-banking financial institutions on the other hand to converge and facilitate the process of granting all the lending products and traded credit facilities provided according to the nature of the products prepared by the granting agencies (the lenders) and according to the signed agreements.

The most prominent services provided in promoting access to finance can be listed as follows:

•  Spreading awareness of available financing programs and how to benefit from them.
•  Networking and coordination with the Central Bank and the Loan Guarantee Company to facilitate and direct financing programs for the industrial sector.
•  Preparing a guide on banking and non-banking financial institutions and the programs they offer.
•  Providing consulting services to industrial companies (feasibility studies, organizing financial lists, …).
•  Signing memoranda of understanding with a number of local banks and non-bank financing companies to facilitate the lending process, most notably:

1.  Ahli Bank.

2.  Islamic Bank.

3.  Islamic Arab Bank.

4.  Housing Bank.

5.  Commercial Facilities Company.

6.  Dinark Corporation.

7.  Grovin Adv. Company.