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 20250007

Avoid

score / 100

Yield

18.0%/yr

Duration

24 months

Min. ticket

500 €

Amount raised

50 k€

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À propos

Investment in package of 12 hectares of forest land in Latvia, operated by FF Forest in partnership with Timbro (Latvian forest manager, €80M turnover). Model consists of acquiring undervalued land, harvesting timber, reforesting for carbon credits and reselling to farmers. Bullet loan over 24 months, secured by forest assets registered at Latvia Commercial Register.

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/instrument not specified, 18% rate out of standard

B1.2: 2/3 - Direct operator loan, Latvian law mentioned

B1.3: 1/2 - Rank not formally registered, senior debt unknown

B2 · Opérateur & Track record 4.0/15faible

B2.1: 2/4 - 'Morgan Yvon Charles D.' appointed, no verifiable public profile

B2.2: 1/5 - First documented transaction, Timbro partner credible

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

B2.4: 1/3 - Latvian commercial register mentioned, operator financial statements not provided

B3 · Garanties & Sûretés 5.0/15faible

B3.1: 5/9 - Security over forest land registered at Latvia Commercial Register; rank and formal registration not confirmed

B3.2: 1/4 - Land value not documented, forest asset difficult to evaluate

B3.3: 0/2 - No banking partner identified, project <€2M

B4 · Structure financière 5.0/15faible

B4.1: 2/5 - Loan-to-Value (ratio prêt/valeur actif) not calculable, forest asset potentially undervalued

B4.2: 1/4 - Operator equity contribution not documented

B4.3: 1/4 - No stress test, Loan-to-Value (ratio prêt/valeur actif) unknown

B4.4: 1/2 - Multi-source revenues (timber, carbon, sale), but not contractualised

B5 · Pré-commercialisation 1.0/10faible

AGRI: No crop sale or resale contract signed
Timbro partnership operational but without firm revenue commitment
Portfolio data not disclosed

B6 · Permis & Maturité 3.0/5

Forest activity in Latvia, commercial register registration confirmed
Legal documents partially presented, but exploitation licences and land deeds not attached to file

B7 · Marché & Localisation 2.0/3

Stable Latvian agricultural market, 2024 grain harvest up 15.5%
Strong dairy and forestry industry
Risks: rising input costs (energy, fertiliser), 3.6% inflation expected in 2026

⚠ 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 18%/year without formal registered real security (pledge or mortgage registered not confirmed) - -3 pts

Points forts

✓Partnership with Timbro, leading Latvian forest operator (€80M turnover, 75 professionals).

✓Real asset (forest land) registered at Latvia Commercial Register.

✓Latvian agricultural/forest market growing with documented public support.

✓Early exit options at 6 and 12 months offering some liquidity.

✓Blockchain traceability announced for asset transparency.

Risques identifiés

!FF Forest platform without verifiable regulatory licence (PSFP, ECSP or EU equivalent).

!18%/year rate well above AGRI standard (5-10%); real security not formally registered.

!Identity and track record of operator (Morgan Yvon Charles D.) not publicly verifiable.

!Land value of 12 hectares of forest not documented; LTV impossible to calculate.

!No timber sale or carbon credit contract signed; revenues entirely provisional.

⚠ 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.