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 20250016

Avoid

score / 100

Yield

18.0%/yr

Duration

24 months

Min. ticket

500 €

Amount raised

200 k€

Invest →

À propos

Loan of EUR 200,000 over 24 months to FF Forest company (Riga, Latvia) to finance acquisition and management of forest land in Latvia. The model consists in purchasing undervalued deforested land, exploiting it and reforesting it to generate carbon credits. The guarantee rests on forest land registered at the Latvian 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 · 18.0/75 (21.0 brut, red flags −3)

B1 · Instrument & Structure 4.0/10faible

B1.1: 2/5 - Loan/bond without clear legal documentation, Latvian law mentioned without detail

B1.2: 1/3 - Issuer FF Forest direct, Latvian law poorly documented

B1.3: 1/2 - Rank claimed via Latvian commercial register registration, not formally registered mortgage

B2 · Opérateur & Track record 3.0/15faible

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

B2.2: 0/5 - No documented agricultural/forestry experience for FF Forest

B2.3: 0/3 - No history on this platform nor on others

B2.4: 1/3 - Impossible to confirm judicial situation in available Latvian registers

B3 · Garanties & Sûretés 4.0/15faible

B3.1: 4/9 - Personal guarantee claimed via Latvian commercial register registration; forest as real collateral but mortgage registration not confirmed

B3.2: 0/4 - Guarantor strength not assessable, no financial statements available

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

B4 · Structure financière 3.0/15faible

B4.1: 2/5 - Loan-to-Value (ratio prêt/valeur actif) not calculable, Latvian forest land collateral mentioned without independent valuation

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

B4.3: 0/4 - No stress test presented, Loan-to-Value (ratio prêt/valeur actif) not established

B4.4: 1/2 - Multiple revenue streams cited (timber, carbon credits, resale) without numerical projection

B5 · Pré-commercialisation 2.0/10faible

AGRI activity: no documented signed harvest or timber sale contract
Timbro partnership mentioned but not contractualised in the file
First cycle visible, no sales history
Score 2/10 - start-up, no history

B6 · Permis & Maturité 3.0/5

Registration at Latvian commercial register mentioned, legal structure described as existing
Forest land held according to document
Documents to be updated - start-up activity but sound legal structure according to statements

B7 · Marché & Localisation 2.0/3

Latvian agricultural/forestry market stable (trend: stable)
2024 harvest increase (+15.5% yield)
Established Latvian forestry sector
Energy/fertiliser inflation risks and 2026 GDP slowdown noted
Score 2/3 - established market

⚠ 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 - no identified regulator register (−10 pts)

Rendement élevé sans garantie réelle −3 pts

18%/year rate served without confirmed registered real collateral - Latvian commercial register registration not equivalent to registered mortgage (−3 pts)

Points forts

✓Partnership with Timbro (80M€ turnover, 75 professionals) lends credibility to forestry operation.

✓Latvian forestry market stable, 2024 harvest significantly increased (+15.5%).

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

✓Forest audit AI technology (Apply) integrated for valuation transparency.

Risques identifiés

!FF Forest platform without identifiable regulatory licence - no AMF, ECSP or equivalent supervision.

!18%/year rate very high for AGRI class without verifiable registered real collateral.

!No financial statements, no documented experience of operator Morgan Yvon Charles D.

!100% crowdfunding financing without equity contribution nor identified banking partner.

!Registration at 'Latvian commercial register' and 'blockchain' do not constitute opposable mortgage guarantee.

⚠ 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.