Nordic companies

We support the growth of Nordic companies on global markets to accelerate the green transition.

Growth financing for SMEs going global

Nefco finances Nordic SMEs (small and medium-sized enterprises) whose solutions have a positive impact on the environment or climate. We offer loans on market terms, equity-type funding and financial support for feasibility studies for internationalisation. If your company has a proven green solution that is ready to be scaled up internationally, discover how Nefco financing could support your growth.

Scale-up investments

We provide loans on market terms and equity-type funding for Nordic SMEs with green investments to scale up their solutions on global markets.

Loans and equity

Operational growth

Our fast-track loans can be used to finance both investments and working capital related to internationalisation.

Fast-track loans

New market entry

Financial support provided by Nopef can cover costs for feasibility studies and other preparatory business activities in support of internationalisation.

Financial support from Nopef

How to apply

Our investment criteria & cycle

Since 1990, Nefco has been a pioneer in impact investing. We are ready to take a financial risk when there is a green upside. Our financing criteria and step-by step investment cycle guides how we assess and work with your investment proposal.

View our investment criteria and cycle

Our SME portfolio at end 2022


active SME projects


million funds committed


of total active portfolio


Nordic SMEs have received financing for internationalisation

Bringing efficiency to an energy-hungry industry

DTE’s fully automated aluminum composition analyzer. Photo: DTE

Iceland’s DTE has developed a method to test molten metal during production, improving efficiency, safety and results. Nopef provided funding for its growth.

Read more

Driving down the emissions of the shipping industry

Norsepower offers a solution to the shipping industry to reduce CO2 emissions by 5–25% or even more. A loan from Nefco helped Norsepower grow in Asian markets and secure further funding.

Read more


Biodiversity pilot programme

Protecting biodiversity helps maintain ecosystem services that businesses in different sectors depend on. Nefco’s Biodiversity Pilot Programme aims to test and develop concrete biodiversity solutions in collaboration with companies.

Contact us

Mikael Reims Vice President, Origination
Swedish, Finnish, Norwegian, English
Thor Thorsteinsson Vice President, Green Transition Nordic SMEs
Icelandic, Swedish, English

Want to know more?

Submit your contact request and we will be in touch.

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