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 20250011

Avoid

score / 100

Yield

18.0%/yr

Duration

24 months

Min. ticket

500 €

Amount raised

100 k€

Invest →

À propos

Participating loan of 100,000 € to FF Forest for acquisition and management of forestry land in Latvia. The model is based on purchase of cleared land, harvesting, reforestation for carbon credits and resale to farmers. Duration of 24 months 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 · 17.0/75 (20.0 brut, red flags −3)

B1 · Instrument & Structure 4.0/10faible

B1.1: 2/5 - obligation convertible/hybrid loan, blockchain mention without clear EU rights

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

B1.3: 0/2 - Ranking not formally registered, land guarantee claimed without verifiable registration

B2 · Opérateur & Track record 4.0/15faible

B2.1: 2/4 - 'Morgan Yvon Charles D.' named without function or verifiable profile

B2.2: 1/5 - First identifiable operation, no documented forestry track record

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

B2.4: 1/3 - Impossible to confirm financial statements or absence of proceedings in Latvian registers

B3 · Garanties & Sûretés 4.0/15faible

B3.1: 4/9 - Land guarantee claimed registered in Latvian commercial register; first-ranking mortgage registration not formally confirmed

B3.2: 0/4 - Guarantor soundness not evaluable, Timbro financial statements not provided

B3.3: 0/2 - No banking partner identified

B4 · Structure financière 3.0/15faible

B4.1: 0/5 - Loan-to-Value (ratio prêt/valeur actif) not calculable, land value not documented; machinery/land collateral not valued

B4.2: 1/4 - No documented equity contribution

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

B4.4: 2/2 - Multiple revenue streams (timber, carbon, resale) documented via Timbro €80M turnover

B5 · Pré-commercialisation 3.0/10faible

Timbro partnership documented (75+ professionals, €80M turnover)
No harvest sales contract or CAP payment documented
First operation cycle, no contracted harvest

B6 · Permis & Maturité 1.0/5faible

Beginner activity on this structure
Registration in Latvian commercial register mentioned
No forestry licence, cutting permit or supplementary legal document provided in file

B7 · Marché & Localisation 1.0/3faible

Stable Latvian agricultural/forestry market
Encouraging market data (harvest +15.5% 2024)
Energy/fertiliser inflation risks identified
Secondary market low liquidity for Latvian forestry assets

⚠ 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 charged 18%/year without confirmed first-ranking real registered guarantee (mortgage not formally registered) - deduction -3 pts

Points forts

✓Operational partner Timbro identified with €80M turnover and 75 professionals.

✓Latvian forestry market in growth with documented government support.

✓Early exit options at 6 and 12 months offer partial flexibility.

✓Land guarantee mentioned registered in Latvian commercial register.

✓Accessible minimum ticket at €500.

Risques identifiés

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

!Rate of 18%/year far exceeding AGRI standard (5-10%) without verifiable real registered guarantee.

!Identity and experience of operator (Morgan Yvon Charles D.) not verifiable in available registers.

!No financial statements of FF Forest or Timbro provided; guarantor soundness not evaluable.

!Recourse to blockchain for transparency does not replace verifiable official mortgage registration.

⚠ 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.