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 20260095

Avoid

score / 100

Yield

16.7%/yr

Duration

24 months

Min. ticket

500 €

Amount raised

150 k€

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À propos

Loan of €150 000 to FF Forest, Latvian sustainable forest management platform. The project finances acquisition of undervalued wooded land in Latvia, timber extraction, reforestation for carbon credits, and agricultural resale. Fundraising stage beginning (4% financed), 24 month term, repayment scheduled at bank refinancing.

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 · 16.0/75 (19.0 brut, red flags −3)

B1 · Instrument & Structure 4.0/10faible

B1.1: 2/5 - Instrument not specified (direct loan), Latvian law poorly documented

B1.2: 1/3 - Direct borrowing FF Forest, Latvian law mentioned without structural detail

B1.3: 1/2 - Land guarantee claimed but registration in register not formally confirmed

B2 · Opérateur & Track record 3.0/15faible

B2.1: 1/4 - 'Morgan Yvon Charles D.' mentioned, no publicly verifiable profile

B2.2: 1/5 - First documented operation, forestry experience not proven

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

B2.4: 1/3 - No procedure identified but verification impossible without accessible Latvian register

B3 · Garanties & Sûretés 5.0/15faible

B3.1: 4/9 - Forest land guarantee mentioned, registration in Latvian Commercial Register claimed but not confirmed as registered mortgage

B3.2: 1/4 - Financial soundness of guarantor (FF Forest) unknown, no financial statements available

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, no valuation of forest asset provided

B4.2: 0/4 - Operator's equity contribution unknown, crowdfunding appears to be total financing

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

B4.4: 3/2 - taux de couverture de la dette and margin not communicated; note: mention of future bank refinancing, liquidity ratio not documented. B4.4 score capped at 0

B5 · Pré-commercialisation 1.0/10faible

AGRI: no crop sale contract, no production history, no portfolio data
First cycle documented
Portfolio data not communicated

B6 · Permis & Maturité 1.0/5faible

Very recent activity, no forest licence or authorisation documented in the file
Registration in Latvian Commercial Register mentioned without detail

B7 · Marché & Localisation 2.0/3

Stable Latvian agricultural market, documented growth (15.5% cereal yield 2024)
Forestry sector promising but inflation/energy risk identified
Market established in EU

⚠ 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 16.7% per annum without confirmed registered real guarantee (Latvian register registration not verified, no formally registered mortgage) - deduction −3 pts

Points forts

✓Forest land guarantee registered in Latvian Commercial Register claimed.

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

✓Latvian agricultural market in documented growth (15.5% yield 2024).

✓Blockchain traceability mentioned for project audit.

✓Buyback guarantee announced by issuer.

Risques identifiés

!FF Forest platform without identifiable PSFP, ECSP, CIP or IFP licence in registers.

!Manager 'Morgan Yvon Charles D.' not publicly verifiable, opaque profile.

!No financial statements, no LTV calculable, no stress test presented.

!Rate of 16.7% per annum without formally confirmed registered mortgage - RF10 triggered.

!Project financed at only 4% (€6 284 out of €150 000), viability of fundraising uncertain.

⚠ 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.