Nordic Transfer — Terms of Service for Brokers
Last updated: April 28, 2026
1. About the Platform
Nordic Transfer is a free listing platform for business brokers operating across the Nordic countries (Sweden, Norway, Denmark, Finland, and Iceland). The platform connects sellers and buyers of businesses by enabling brokers to publish, manage, and promote business-for-sale listings to a regional audience.
2. Free to Use
Registration on Nordic Transfer and the listing of businesses on the platform are entirely free of charge for all registered brokers. There are no monthly subscriptions, no per-listing fees, and no hidden costs to publish or maintain listings.
3. Success Fee
When a business listed on Nordic Transfer is successfully sold, Nordic Transfer charges a success fee of 1% of the broker's commission from the completed transaction.
For the purposes of this clause, a transaction is considered “successfully sold” when all of the following conditions are met:
- A binding purchase agreement (or equivalent final transaction document) has been signed by all parties;
- The agreed purchase price has been transferred (or the first instalment paid, in the case of structured payments); and
- The broker has received, or is contractually entitled to receive, their commission.
The broker is responsible for reporting completed deals to Nordic Transfer within 30 calendar days of the transaction being finalised. Failure to report within this period may result in a late reporting fee of €150, in addition to the success fee owed.
Invoices issued by Nordic Transfer for success fees are payable within 30 calendar days of the invoice date. Overdue invoices accrue interest at the reference rate established under the Finnish Interest Act (Korkolaki 633/1982) plus seven (7) percentage points per annum.
If a transaction is cancelled after the success fee trigger conditions have been met, the fee remains payable unless Nordic Transfer expressly agrees otherwise in writing.
4. Broker Responsibilities
The broker is responsible for ensuring that all listing information — including descriptions, financial figures, images, and contact details — is accurate, truthful, and kept up to date. Misleading, deceptive, or false information is strictly prohibited and may result in immediate suspension or termination of the broker's account. Brokers must also ensure that they hold all necessary authorisations and licences required to act as a business broker in their respective jurisdiction.
5. Confidential Listings
Brokers may mark listings as confidential. Nordic Transfer will not disclose the identity of confidential companies to the public and will display only generic identifiers (such as industry and region) until a qualified buyer inquiry is received and reviewed by the broker.
6. Intellectual Property
All content uploaded by brokers — including descriptions, images, financial data, and any other materials — remains the property of the broker (or the broker's client). By uploading content, the broker grants Nordic Transfer a non-exclusive, royalty-free licence to display the content on the platform for the purpose of marketing the listing. This licence terminates automatically upon removal of the listing.
7. Account Termination
Nordic Transfer reserves the right to suspend or terminate any broker account that violates these terms, provides false or misleading information, misuses the platform, or engages in conduct harmful to other users. Where possible, Nordic Transfer will provide written notice and a remedy period of no less than 14 calendar days before termination, except in cases of serious or repeated violations where immediate termination may apply. Outstanding success fees remain payable upon termination.
8. Liability
Nordic Transfer is a listing platform only and is not a party to any transaction conducted between brokers, sellers, and buyers. Nordic Transfer is not liable for the outcome of any deal, the accuracy of listing information, or any disputes that may arise between brokers and buyers. All due diligence remains the responsibility of the parties to the transaction.
To the fullest extent permitted by applicable law, Nordic Transfer's total aggregate liability arising out of or in connection with these terms shall not exceed the total success fees paid by the relevant broker to Nordic Transfer in the twelve (12) months immediately preceding the event giving rise to the claim.
9. Privacy & Data
Nordic Transfer collects and stores broker and listing data in accordance with the General Data Protection Regulation (GDPR) and the Finnish Data Protection Act (Tietosuojalaki 1050/2018). Broker data will not be sold to third parties. Brokers have the right to access, correct, and request deletion of their personal data at any time in accordance with GDPR Articles 15–17. The data controller is Nordic Transfer, operating under Finnish jurisdiction. A full Privacy Policy is available on the platform.
10. Acceptance & Version Control
These terms constitute a legally binding agreement between the broker and Nordic Transfer. By completing the registration process and ticking the acceptance checkbox, the broker confirms that they have read, understood, and agree to be bound by these terms.
Nordic Transfer records the following data at the point of acceptance and retains this log for the duration of the broker's account and for a minimum of five (5) years thereafter:
- The broker's name and registered email address;
- The exact version of the terms accepted (identified by the “Last updated” date);
- The date and time of acceptance (UTC timestamp); and
- The IP address from which acceptance was given.
A copy of the accepted version of these terms will be made available to the broker upon request.
11. Changes to Terms
Nordic Transfer reserves the right to update these terms at any time. Brokers will be notified of changes via email and/or in-platform notification at least 30 calendar days before the changes take effect. Continued use of the platform after the effective date constitutes acceptance of the updated terms. Where changes materially affect the success fee or other financial obligations, brokers will be required to re-accept the updated terms before continuing to use the platform.
12. Governing Law
These terms are governed by the laws of Finland. Any disputes arising out of or in connection with these terms shall be resolved exclusively in Finnish courts, with the District Court of Helsinki (Helsingin käräjäoikeus) as the court of first instance. The platform operates in compliance with Finnish commercial law, including the Finnish Companies Act (Osakeyhtiölaki 624/2006) and the Act on Intermediaries of Business Transactions (Laki yrityskauppojen välittämisestä).
Nordic Transfer • Operated under Finnish jurisdiction • Version: April 28, 2026