Nordic Finance
Nordic Finance Business Partner AB is a Stockholm-based private leasing and business financing company serving Swedish SMEs across transport, construction, renewable energy, medtech, office/IT, and industry with equipment leasing, rental, insurance, and EU-backed financing solutions.
- Company typePrivate
- Founded2016
- HeadquartersStockholm, Sweden
- Headcount—
- GTM typeB2B
- OfferingServices
What Nordic Finance does
Nordic Finance Business Partner AB is a Swedish private limited company headquartered in Stockholm (Östermalmsgatan 26 A) that provides equipment leasing, operational rental, and complementary business financing products to small and medium-sized enterprises (SMEs) across Sweden. Founded in 2016, the company operates across seven business areas — Transport, Construction (Entreprenad), Hotel & Restaurant, Renewable Energy, Medtech, Office & IT, and Industry/Manufacturing — with a stated base of over 10,000 completed business transactions, 6,000-9,000+ customers, and a supplier partner network exceeding 900 firms. CEO Tony Kirmo leads the company, with Peter Hansson as IT Chief and Christian Hanson as Business Development Director. The company is registered as 556669-2140 and operates with the brand name "Nordic Finance."
The core product set consists of financial leasing (finansiell leasing) and operational rental (hyra), supplemented by EU-backed financing through the European Investment Fund (launched 2023), insurance protection packages branded Trygghetspaket, and business loans facilitated via a referral partnership with Krea (established 2024). A proprietary online leasing calculator at nordicfinance.com serves as a top-of-funnel lead generation tool, while the LISA customer portal at lisa.nordicfinance.com supports self-service lease management. Nordic Finance uses UC (Upplysningscentralen) for credit risk assessment and employs automated decision-making for credit approvals under GDPR framework. The wholly-owned subsidiary SME Leasing AB acquires and pledge-encumbers lease agreements as part of securitization transactions, indicating capital markets activity. The company also partners with Leasify for IFRS 16 and K3-compliant automated lease accounting.
Nordic Finance generates revenue through recurring monthly and quarterly lease payments (subscription model), insurance premiums, and transaction-based fees on Krea business loan referrals. Pricing is quote-based and not publicly disclosed; standard structures require no down payment, with the leased asset serving as collateral. The go-to-market motion is sales-led, combining direct personal advisors (24-48 hour credit decisions) with a 900+ supplier referral network and the Krea channel. Key differentiators cited versus traditional Swedish banks include faster credit decisions, no down payment, no upfront credit check before consultation, and EU-backed favorable terms. The company is privately held with no disclosed venture or institutional investors, and revenue figures are not publicly reported.
Nordic Finance firmographics
Firmographics- Name
- Nordic Finance
- Legal name
- Nordic Finance Business Partner AB
- Website
- https://nordicfinance.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Short description
- Nordic Finance Business Partner AB is a Stockholm-based private leasing and business financing company serving Swedish SMEs across transport, construction, renewable energy, medtech, office/IT, and industry with equipment leasing, rental, insurance, and EU-backed financing solutions.
- Ownership category
- akta.pro rank
Nordic Finance industry classification
Industry- Product category
- Business Equipment Leasing
- NAICS
- Sales Financing (52222)
- SIC
- Finance Lessors (6172), Loan Brokers (6163), Services-Equipment Rental & Leasing, Nec (7359)
- akta.pro primary industry
- Equipment Financing / Leasing (Venture-backed) (FSANAIAE)
- akta.pro secondary industry
- Equipment & Asset Finance Brokerage (FSAEAEAJ)
Keywords
Where Nordic Finance is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Nordic Finance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Leasing: Financial leasing services for equipment, machinery, vehicles and other business assets. Customers pay monthly fees and can purchase the asset at residual value at end of term.
- Rental/Hiring: Operational leasing for shorter periods where equipment is returned at end of term. Suitable for rapidly evolving technology needs.
- Business Loans via Krea: Partnership with Krea to provide business loans ranging from 10,000 to 30 million SEK. Nordic Finance acts as referral partner.
- Insurance Packages (Trygghetspaket): Comprehensive protection packages with low deductibles and premiums for leased equipment.
- EU Financing: EU-supported financing through European Investment Fund, offering favorable terms for small businesses.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Customized leasing based on equipment type, term length, and residual value |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Nordic Finance product offering
Product offeringCore offering
Nordic Finance provides financial leasing and operational rental of business equipment, vehicles, machinery, and office assets to Swedish small and medium-sized enterprises. Its core offering combines Finansiell Leasing (financial leasing with residual-value purchase option) and Hyra (operational rental for shorter periods), supplemented by EU-backed financing via the European Investment Fund, an insurance package (Trygghetspaket), and business loans referred through the Krea platform.
Product overview
Nordic Finance is a sector-leading business financing company in Sweden offering a unified platform of leasing and financing services. The core offering consists of Finansiell Leasing (financial leasing) and Hyra (operational rental), supplemented by EU Finansiering through the European Investment Fund, Trygghetspaket insurance packages, and Företagslån via Krea partnership. The company operates across six business areas: Transport, Entreprenad (construction), Förnybar Energi (renewable energy), Medtech, Kontor & IT, and Industri. A proprietary Leasing Calculator tool enables customers to estimate costs, while SME Leasing AB serves as a subsidiary for securitization of lease agreements.
Differentiator
Problem solved
Functional benefit
Products and services
- Leasing (Finansiell Leasing) Financial leasing service allowing businesses to use equipment, vehicles, and machinery without purchasing outright. The lessee bears economic risk and has the option to purchase the asset at residual value at the end of the term. The most common form of business financing offered by Nordic Finance to Swedish SMEs.
- Hyra (Operational Rental) Operational leasing where equipment is rented without ownership transfer. Suitable for shorter periods or when equipment needs to be upgraded during the contract period. The rented asset is returned to Nordic Finance at the end of the term.
- EU Financing Financing with support from the European Investment Fund providing more favorable loan terms for small businesses, reducing risk associated with investments. Targets small and medium enterprises in Sweden seeking equipment financing.
- Trygghetspaket (Safety Package Insurance) Insurance protection package bundled with leasing agreements, providing comprehensive coverage with low deductibles and competitive premiums for leased business equipment, machinery, and vehicles.
- Företagslån (Business Loans via Krea) Business loans offered through partnership with Krea, enabling Swedish companies to borrow from 10,000 to 30 million SEK. Krea compares offers from 30+ lenders and banks to find customized financing. Nordic Finance acts as referral partner.
Quantifiable outcome
- Credit decision within 24-48 hours from initial contact
- +2 more outcomes
Companies that use Nordic Finance
Customer profileNamed customers7 records
Segments8 records
Ideal customer profiles3 records
Nordic Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability1 record
Nordic Finance partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- KreacorePartnership with Krea offering modern loan solutions. Krea compares offers from 30+ lenders to find customized financing based on company prerequisites. Loans from 10,000 to 30 million SEK.
- Svensk SolenergiminorNordic Finance is a member of Svensk Solenergi and actively contributes to the green energy transition through solar cell leasing for businesses.
- Scanvo LastbilminorPartnership since 2015. Scanvo provides transport sector expertise and refers customers for truck financing solutions.
- NobisminorRestaurant and hospitality business that has financed renovations including Operakällaren through Nordic Finance.
- Green DeerminorEquipment supplier partner offering used machinery for lease through Nordic Finance.
- BudiminorEquipment supplier partner offering used machinery for lease through Nordic Finance.
- BlintominorEquipment supplier partner offering used machinery for lease through Nordic Finance.
- SME Leasing ABcoreWholly-owned subsidiary of Nordic Finance that receives and processes lease agreements transferred from Nordic Finance.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
Nordic Finance competitors and assessment
Company assessmentOthers
- Klarna: Swedish fintech lender with broad consumer and SME credit offerings; adjacent rather than directly competitive, but a relevant Swedish financial-services peer shaping customer expectations for speed and digital experience.
Direct peers
- Grenke AG: Germany-headquartered specialist in SME equipment leasing across Europe; comparable in its narrow focus on small-ticket, fast-decision leasing for businesses — a useful international benchmark for Nordic Finance's model.
- Wasa Kredit: Swedish equipment and vehicle finance company serving SMEs with leasing and installment financing — the closest direct competitor to Nordic Finance in the Swedish market with very similar target customers, vertical coverage, and product set.
Regional players
- ALD Automotive / Ayvens: European fleet and vehicle leasing operator; comparable in vehicle-leasing economics but focused on large corporate fleet management rather than Swedish SME equipment financing.
- Resurs Bank: Nordic consumer and SME finance provider offering leasing, consumer credit and retail financing; comparable in serving Nordic SMEs with finance products, though with a wider consumer-lending footprint.
- TFBank: Nordic bank with consumer and SME lending products across Sweden and the broader Nordics; competes for the same SME financing wallet but with a broader product mix and deposit-funded balance sheet.
Broad incumbents
- Siemens Financial Services: Captive industrial equipment financier with deep balance sheet; comparable in equipment-financing capability but operating as part of a global industrial conglomerate, not as an SME-focused challenger.
- DLL (De Lage Landen): Global vendor finance and equipment leasing provider owned by Rabobank; offers overlapping asset-finance capabilities but as part of a much broader international portfolio rather than a Swedish SME specialist.
Emerging players
- Volvo Financial Services: Captive finance arm for Volvo trucks and construction equipment with strong Nordic presence; overlaps with Nordic Finance's transport and construction verticals but is tied to the Volvo brand rather than multi-vendor.
- Scania Financial Services: Captive financing arm for Scania trucks with a long-standing Nordic presence; competes with Nordic Finance for Swedish transport-fleet financing but is single-brand rather than multi-vendor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Nordic Finance social profiles
Digital presenceNordic Finance compliance and trust
Trust signalCompliance1 record
Nordic Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nordic Finance leadership team
Management profileNumber of profiles
Profiles3 records
Nordic Finance subsidiaries and ownership
Company hierarchySubsidiaries1 record
Nordic Finance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nordic Finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nordic Finance
What does Nordic Finance do?
Nordic Finance provides financial leasing and operational rental of business equipment, vehicles, machinery, and office assets to Swedish small and medium-sized enterprises. Its core offering combines Finansiell Leasing (financial leasing with residual-value purchase option) and Hyra (operational rental for shorter periods), supplemented by EU-backed financing via the European Investment Fund, an insurance package (Trygghetspaket), and business loans referred through the Krea platform.
Is Nordic Finance a public or private company?
Nordic Finance is a private company. It is classified as unknown and is currently operating.
When was Nordic Finance founded?
Nordic Finance was founded in 2016.
Where is Nordic Finance based?
Nordic Finance is headquartered in Stockholm, Sweden, in the Europe region.
How does Nordic Finance make money?
Five revenue lines are on record. Leasing is the primary driver. The others are rental/Hiring, business Loans via Krea, insurance Packages (Trygghetspaket) and EU Financing.
Who are Nordic Finance's main competitors?
Klarna is listed as an others. Direct peers are Grenke AG and Wasa Kredit. Regional players are ALD Automotive / Ayvens, Resurs Bank and TFBank. Broad incumbents are Siemens Financial Services and DLL (De Lage Landen). Emerging players are Volvo Financial Services and Scania Financial Services.
Does Nordic Finance have an API?
No public API is recorded for Nordic Finance.
What industry is Nordic Finance in?
Nordic Finance's product category is Business Equipment Leasing. Its primary akta.pro industry code is FSANAIAE, Equipment Financing / Leasing (Venture-backed), with a secondary code of FSAEAEAJ, Equipment & Asset Finance Brokerage. Its NAICS code is 52222 and its SIC code is 6172.