FF Forest Agricultural loan Financé

Ce projet est clôturé. L'analyse ci-dessous reflète les informations disponibles au moment de la souscription et n'a pas été mise à jour.

Forest Project 20260086

Avoid

score / 100

Yield

15.5%/yr

Duration

12 months

Min. ticket

500 €

Amount raised

120 k€

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À propos

Participating loan of €120,000 over 12 months at 15.5%/year, financed at 40%, backed by forest land registered at Latvian Commercial Register. Operator FF Forest acquires deforested land in Latvia, proceeds with harvesting, reforestation and agricultural resale. Guaranteed buyback and early exit after 6 months planned.

Plateforme · 1.0/25

A1 · Statut réglementaire 0.0/8faible

AMF status not disclosed ('?')
No identifiable agrément AMF, ECSP, statut réglementaire CIP, IFP or equivalent EU licence in the registers consulted
RESEARCH REQUIRED: AMF register 'ff forest' + registre ORIAS + ESMA
Score 0/8 by principle of prudence
Would trigger RF5 (−10 pts) on any associated project

A2 · Track Record 0.0/6faible

No identifiable published statistics: default rate N/C, delay rate >90d N/C, actual vs announced return N/C
Penalty −2 pts applied + all base scores at 0
RESEARCH REQUIRED: 'ff forest' statistics platform default delay

A3 · Rigueur de sélection 0.0/4faible

No information on project selection process, selection rate, committee or borrower KYC identifiable
RESEARCH REQUIRED: 'ff forest' project selection process

A4 · Santé financière 0.0/4faible

No information on the financial health, shareholding or history of the platform
Impossible to confirm the legal existence of 'ff forest' in the available registers
Score 0 by prudence

A5 · Protection investisseurs 1.0/3faible

No agrément AMF/ECSP licence confirmed, therefore no automatic attribution of the regulatory point
1 pt awarded as minimal hypothetical credit if legal existence subsequently confirmed
RESEARCH REQUIRED: ff forest general conditions, fund segregation, secondary market

Projet · 22.0/75 (25.0 brut, red flags −3)

B1 · Instrument & Structure 5.0/10

B1.1: 2/5 - obligation convertible/loan without precise legal documentation on the instrument

B1.2: 2/3 - Direct operator borrowing, Latvian law mentioned, poorly documented

B1.3: 1/2 - Land guarantee claimed not formally registered rank confirmed

B2 · Opérateur & Track record 4.0/15faible

B2.1: 2/4 - 'Morgan Yvon Charles D.' appointed without verifiable public profile

B2.2: 1/5 - No documented forestry history, apparent first operation

B2.3: 0/3 - No history on known platform

B2.4: 1/3 - Impossible to confirm absence of procedure, registers not verified

B3 · Garanties & Sûretés 4.0/15faible

B3.1: 4/9 - Forest land registered at Latvian Commercial Register, rank not specified, apparent personal guarantee

B3.2: 1/4 - Guarantor solidity not assessable, financial statements absent

B3.3: 0/2 - No banking partner identified, but amount <€2M (no RF2)

B4 · Structure financière 4.0/15faible

B4.1: 2/5 - Loan-to-Value (ratio prêt/valeur actif) not calculable, land collateral not valued, prudent estimate

B4.2: 1/4 - Operator capital contribution not documented, high crowd dependency

B4.3: 0/4 - No stress test presented, Loan-to-Value (ratio prêt/valeur actif) unknown

B4.4: 1/2 - Land resale/carbon credits model plausible but not quantified

B5 · Pré-commercialisation 3.0/10faible

Portfolio data not communicated, Timbro/Apply partners mentioned without contracts
No documented history of land parcel sales
3/10 by default

B6 · Permis & Maturité 3.0/5

Activity established in Riga, registration at Latvian Commercial Register mentioned
Legal documents partially in order but young activity, no forestry licence confirmed

B7 · Marché & Localisation 2.0/3

Latvian agricultural market rising (+2.8% VA 2024), land at €4,500/ha, cereal harvest +16.1% in 2024
Rising trend confirmed by live data
Geopolitical risks (Ukraine) and demographic risks noted

⚠ Alertes détectées · −3 pts déduits

Plateforme non régulée Déjà comptabilisé dans le score plateforme (A1)

FF Forest platform without any verifiable PSFP/ECSP/CIP/IFP licence - −10 pts

Rendement élevé sans garantie réelle −3 pts

Rate served 15.5%/year without confirmed registered rank 1 real guarantee (registration at Latvian Commercial Register mentioned but rank and formal registration not verifiable) - 3 pts

Points forts

✓Latvian agricultural and forestry market documented in growth (+16% harvests 2024).

✓Buyback mechanism and early exit proposed from 6 months.

✓Real land asset registered at Latvian Commercial Register.

✓Blockchain transparency mentioned as additional audit layer.

✓Accessible minimum ticket (€500) limiting individual exposure.

Risques identifiés

!FF Forest platform without identifiable regulatory licence (PSFP/ECSP/CIP/IFP).

!Rate of 15.5%/year without formally registered rank 1 real guarantee verifiable.

!Director 'Morgan Yvon Charles D.' without verifiable public profile or documented track record.

!No financial statements, no LTV, no stress test provided in the file.

!Geopolitical risks (Ukraine-Russia conflict) affecting Latvian agricultural exports.

⚠ Avertissement sur les risques

Investir en crowdfunding comporte un risque de perte partielle ou totale du capital, ainsi qu'un risque d'illiquidité. Selon le baromètre France FinTech / Forvis Mazars 2025, 25 à 30 % des projets accusent un retard de plus de 6 mois et 4 à 6 % entraînent une perte définitive. Ne placez jamais plus de 5 à 10 % de votre patrimoine en crowdfunding et diversifiez sur au moins 10 projets. CrowdPickr est un service d'information indépendant, non agréé en tant que conseiller en investissement. Les analyses présentées ne constituent pas un conseil en investissement personnalisé.