Loan financing

Scaling up Nordic green solutions on global markets.

How we facilitate green investments

We offer loan financing to Nordic companies for green investments that support growth in global markets.

Our objective is to enable investments in green solutions and technologies with strong global scaling potential. We support the demonstration and deployment of Nordic green solutions in international markets identified as having high growth potential and a strong likelihood of success.

Financing is primarily aimed at Nordic small and medium-sized enterprises (SMEs) for investment enabling international growth, such as machinery, equipment, technology or internal resources required for production, sales, business development and scaling operations.

The financing provided must align with one or more objectives of the EU Taxonomy.

Who can apply for Nefco funding?

Nordic SMEs that deliver environmentally sustainable products or services, have a solid commercial track record, and are planning an international investment can apply for funding.

Nefco does not finance early-stage start-ups. We support solutions that are technologically and commercially proven, i.e. with a Technology Readiness Level (TRL) of 8-9.

The investments to be financed must directly contribute to the international scale-up of business operations. Investments within the Nordic region can be also considered if they have high demonstration value and global scaling potential.

Nefco requires borrowers to meet sound financial criteria and ensure all investments generate measurable positive environmental impacts. In addition to environmental aspects, we always assess the technical feasibility and financial viability.

Read more about our investment criteria and cycle

What is the maximum financing available?

Financing from Nefco typically ranges from EUR 2 million to EUR 5 million, but larger amounts may be considered for companies demonstrating strong financial capacity. Funding is provided as loans on market terms.

What sectors are included within the scope of investments?

Typical investments may relate to:

Nefco contributes to the circular economy

Circular economy

Nefco contributes to sustainable industry and services

Manufacturing and materials

Nefco's renewable energy projects

Energy and energy efficiency

Nefco contributes to increased use of electric vehicles

Transportation and e-mobility

Forest conservation

Food and agriculture

Water and wastewater rehabilitation projects

Water, seas and oceans

EIF Guarantees for Nordic SMEs 

Nefco offers European Investment Fund (EIF) guarantees for eligible investments to enhance access to financing for Nordic small and medium-sized enterprises (SMEs).  

  • For small and medium-sized companies in Denmark, Finland, Iceland, Norway and Sweden  
  • Lower financing costs  
  • Sustainability and Competitiveness guarantees   

Read more about EIF guarantees for Nordic SMEs

How to apply for funding from Nefco?

1. Contact us

Reach out to our investment experts for details. Use the contact form or see the information below. 

2. Tell us more about your project

Complete the financing proposal form and send it for an initial assessment (see Related documents below). 

3. Our investment criteria and investment cycle

Understand how we assess and work with investments.

4. Other financing options

We also offer financial support for feasibility studies to help Nordic SMEs expand internationally.

Contact our investment experts

Submit the contact form for more information and we will get back to you soon. You can also contact our experts directly.

Contact us

Vivi Avikainen Senior Investment Manager
Swedish, Finnish, English
Victor Degerlund Investment Manager
Swedish, Finnish, English
Jakob Eck Investment Manager
Swedish, English
Anne Mette Guerrero Investment Adviser
Norwegian, English
Meeri Kaurissaari Investment Manager
Finnish, Swedish, English
Fredrik Larsson Senior Investment Adviser, Sweden
Swedish, English
Vanessa Lorentzen Investment Manager
Swedish, English, Finnish
Helena Lähteenmäki Investment Director
Finnish, Russian, English, Swedish
Søren Berg Rasmussen Senior Investment Manager
Danish, English, Swedish, Finnish
Mikael Reims Vice President, Origination
Swedish, Finnish, Norwegian, English
Joakim Svahn Investment Manager
Swedish, English
Thor Thorsteinsson Vice President, Green Transition Nordic SMEs
Icelandic, Swedish, English

Want to know more?

Send us a contact request and we will be in touch.

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