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 20250008

Avoid

score / 100

Yield

18%/yr

Duration

24 months

Min. ticket

500 €

Amount raised

50 k€

Invest →

À propos

Investment in portfolio of 12 hectares of forest land in Latvia, carried by FF Forest, a forest management platform based in Riga. The model is based on purchase of deforested land, harvesting of exploitable timber, reforestation for carbon credits, and sale to farmers. 24-month bond at 18%/year rate, with early exit options at 6 and 12 months.

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 · 20.0/75 (23.0 brut, red flags −3)

B1 · Instrument & Structure 4.0/10faible

B1.1: 2/5 - Instrument described as loan, very limited legal documentation

B1.2: 1/3 - Direct borrower loan, Latvian law mentioned but poorly documented

B1.3: 1/2 - Guarantee on forest asset claimed but rank not formally registered

B2 · Opérateur & Track record 4.0/15faible

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

B2.2: 1/5 - Apparent first operation, no documented track record in forest management

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

B2.4: 1/3 - No proceedings identified but operator nearly untraceable

B3 · Garanties & Sûretés 4.0/15faible

B3.1: 4/9 - Guarantee on forest land registered at Latvian Commercial Register + blockchain, rank quality not confirmed

B3.2: 0/4 - Guarantor financial strength not documented, balance sheet unavailable

B3.3: 0/2 - No banking partner identified, project <€2M therefore no RF2

B4 · Structure financière 4.0/15faible

B4.1: 0/5 - Loan-to-Value (ratio prêt/valeur actif) impossible to calculate, forest collateral value not quantified, file incomplete

B4.2: 0/4 - No operator equity contribution documented

B4.3: 0/4 - No stress test, financial data absent

B4.4: 4/2 - Multi-revenue model (timber, carbon credits, land) capped at 2/2

B5 · Pré-commercialisation 3.0/10faible

AGRI: No harvest sales contract or revenue history documented
Timbro partnership (€80M turnover) provides partial operational credibility
Score 3/10 for poorly detailed portfolio data

B6 · Permis & Maturité 2.0/5faible

AGRI: Registration at Latvian Commercial Register mentioned, but activity very recent (<1 year apparent), legal documentation partial
Score 2/5 out of caution

B7 · Marché & Localisation 2.0/3

Latvian forest market stable, documented agricultural growth (+15.5% cereal yield 2024), solid dairy exports
Risks: energy and fertiliser cost increases, 3.6% inflation forecast 2026
Established market but niche sector

⚠ 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 - deduction −10 points

Rendement élevé sans garantie réelle −3 pts

Rate served 18%/year without confirmed real guarantee of registered rank 1 (mortgage or pledge registered) - deduction −3 points

Points forts

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

✓Guarantee on real forest asset registered at Latvia's Commercial Register.

✓Early exit options at 6 and 12 months providing some flexibility.

✓Latvian forest market with stable fundamentals and growing demand for sustainable timber.

✓Blockchain traceability mentioned for asset transparency.

Risques identifiés

!FF Forest platform without identifiable regulatory licence (AMF, ECSP, CIP or EU equivalent).

!Rate of 18%/year very high for AGRI class, without formally registered rank 1 guarantee.

!Operator Morgan Yvon Charles D. without documented track record in forest management.

!No financial statement, financing plan or stress test provided in file.

!Value of forest collateral (12 hectares) not quantified, LTV impossible to calculate.

⚠ 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.