Nordic Transfer — Terms of Service
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. The broker is responsible for reporting completed deals to Nordic Transfer in a timely manner so that the success fee can be invoiced and settled.
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.
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 license to display the content on the platform for the purpose of marketing 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 notice and an opportunity to remedy the issue before 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.
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.
10. Changes to Terms
Nordic Transfer reserves the right to update these terms at any time. Brokers will be notified of significant changes via email and/or in-platform notification, and may be required to re-accept the updated terms before continuing to use the platform.
11. 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).