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 20250030

Avoid

score / 100

Yield

18%/yr

Duration

24 months

Min. ticket

500 €

Amount raised

250 k€

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À propos

Loan of €250,000 to FF Forest, Latvian platform specialising in sustainable forestry in Latvia. The model consists of acquiring undervalued deforested land, operating the parcels, reforesting to generate carbon credits, then reselling agricultural land to local farmers. Security is constituted by forest land registered in Latvia's Commercial Register; duration 24 months, rate 18%/year.

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 · 15.0/75 (18.0 brut, red flags −3)

B1 · Instrument & Structure 3.0/10faible

B1.1: 2/5 - Hybrid instrument not clarified, mention of 'loan' without clear bond deed

B1.2: 1/3 - Direct borrowing from operator, Latvian law mentioned but poorly documented

B1.3: 0/2 - Ranking not documented, potential senior debt (planned bank refinancing) not clarified

B2 · Opérateur & Track record 2.0/15faible

B2.1: 1/4 - Only 'Morgan Yvon Charles D.' mentioned without function or verifiable public profile

B2.2: 0/5 - No documented forestry realisation, first project apparent

B2.3: 0/3 - No platform history

B2.4: 1/3 - Operator not traceable in consulted registers, information insufficient

B3 · Garanties & Sûretés 4.0/15faible

B3.1: 3/9 - Forest asset mentioned registered in Latvian commercial register, but neither mortgage nor ranking specified; partial pledge category presumed

B3.2: 1/4 - Guarantor not evaluated financially, no balance sheet available

B3.3: 0/2 - No bank partner identified on this project

B4 · Structure financière 4.0/15faible

B4.1: 2/5 - Loan-to-Value (ratio prêt/valeur actif) not calculable, forest land collateral not valued; Loan-to-Value (ratio prêt/valeur actif) hypothesis 60-70% by prudent default

B4.2: 0/4 - Operator equity contribution not documented

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

B4.4: 2/2 - Model presented with carbon revenues and land resale, but not documented financially

B5 · Pré-commercialisation 1.0/10faible

No crop sale contract, no documented CAP payment, no harvest history
First cycle apparent, subsidies and outlets not contractualised

B6 · Permis & Maturité 2.0/5faible

Forest activity presented as operational in Latvia, but no legal document, forest licence or cutting permit provided in file
Legal structure insufficiently documented

B7 · Marché & Localisation 2.0/3

Latvian agricultural market stable with documented growth (+15.5% cereal yield 2024)
Forest sector strong but niche; risks of energy and fertiliser inflation identified by live data

⚠ 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 confirmed registered real guarantee (forest pledge not formalised in registered mortgage) - −3 pts

Points forts

✓Latvian agricultural and forest market documented growth in 2024.

✓Early exit option at 6 and 12 months offering partial flexibility.

✓Forest assets registered in Latvian commercial register according to file.

✓Accessible minimum ticket at €500.

Risques identifiés

!FF Forest platform without verifiable regulatory licence (PSFP, ECSP, CIP, IFP).

!Operator 'Morgan Yvon Charles D.' not identifiable in consulted public registers.

!Rate of 18%/year significantly above AGRI standard (5-10%), without formalised real guarantee.

!No balance sheet, no documented history of forest project delivery in file.

!Mention of 'buyback guarantee' without identified guarantor or guarantor balance sheet provided.

⚠ 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.