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Forest Project 20260109
FF
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 20260109

Avoid
19
score / 100
Yield
16.7%/yr
Duration
24 months
Min. ticket
500 €
Amount raised
50 k€
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À propos

Participatory loan of €50,000 to FF Forest, Latvian operator specialising in acquisition of undervalued forest land in Latvia. The model consists of acquiring land, harvesting exploitable timber, reforesting to generate carbon credits and reselling agricultural parcels. Instrument backed by forest assets registered in Latvian commercial register, with buyback guarantee and early exit option.

Plateforme · 2.0/25
A1 · Statut réglementaire 1.0/8faible
  • FCMC regulation (Latvia) claimed and ECSPR compliance declared, but no registration verification obtained from FCMC or ESMA register
  • Without independent confirmation, application of minimal level: compliance declaration unverified
A2 · Track Record 0.0/6faible
  • No default rate, delay rate or realised return statistics published or verifiable
  • Penalty −2 pts for total absence of published data applied; base already at 0
  • Final score 0/6
A3 · Rigueur de sélection 0.0/4faible

No documented information on forest project selection process, no selection rate published, no credit committee identified in available sources

A4 · Santé financière 1.0/4faible
  • Platform financial data insufficient and not independently verifiable
  • Mention as potentially risky platform (argent-et-salaire.com, May 2026)
  • Platform operational but financial stability not confirmed
A5 · Protection investisseurs 0.0/3faible
  • ECSP/agrément AMF licence not confirmed: automatic minimum rule of 1 pt does not apply
  • No investor protection mechanism (segregation, secondary market, reflection period) documented or verifiable
  • Score 0/3
Projet · 17.0/75 (20.0 brut, red flags −3)
B1 · Instrument & Structure 4.0/10faible
B1.1: 2/5 - obligation convertible/unsecured bond, hybrid instrument
B1.2: 2/3 - Direct borrower (FF Forest SIA), Latvian law applicable, documented
B1.3: 0/2 - No explicit subordination but future bank debt anticipated, ranking not established
B2 · Opérateur & Track record 3.0/15faible
B2.1: 1/4 - FF Forest named, one partial first name (Morgan Yvon Charles D.) visible, no verifiable public profile
B2.2: 1/5 - First documented transaction, no verifiable forestry track record
B2.3: 0/3 - No prior transaction identified on this platform or other
B2.4: 1/3 - No proceedings identified but balance sheet not verifiable
B3 · Garanties & Sûretés 4.0/15faible
B3.1: 4/9 - Forest land registered in Latvian Commercial Register mentioned, but mortgage ranking not confirmed, registration not attested
B3.2: 0/4 - Financial strength of guarantor not documented, balance sheet unavailable
B3.3: 0/2 - No banking partner identified; project <€2M therefore RF2 not triggered
B4 · Structure financière 3.0/15faible
B4.1: 0/5 - Loan-to-Value (ratio prêt/valeur actif) not calculable, collateral only machinery/land not valued
B4.2: 1/4 - Operator contribution not documented, total crowdfunding dependence presumed
B4.3: 1/4 - No stress test; Loan-to-Value (ratio prêt/valeur actif) unknown, no structural compensation
B4.4: 1/2 - Operator margin not disclosed, land resale model plausible
B5 · Pré-commercialisation 1.0/10faible
  • No crop sale contract, no documented CAP payment, no harvest history
  • Start-up, no verifiable history
  • Score 1/10 (very early stage activity)
B6 · Permis & Maturité 3.0/5
  • Land registered in Latvian Commercial Register mentioned (asset deed presumed)
  • Early stage forestry activity but declared Latvian legal structure
  • Documents to confirm, licences not independently verified
  • Score 3/5
B7 · Marché & Localisation 2.0/3
  • Stable Latvian agricultural market; 2024 cereal crop up 15.5%, solid dairy exports
  • Risks: fertiliser and energy price rises, 3.6% inflation forecast 2026
  • Established market but cost context under tension
  • Score 2/3
⚠ Alertes détectées · −3 pts déduits
Rendement élevé sans garantie réelle −3 pts

Rate served 16.7% per annum without confirmed registered real security - mortgage not attested in mortgage register.

Points forts
✓Forest asset registered in Latvian Commercial Register, declared traceability.
✓Early exit option documented at 6 and 12 months.
✓Latvian agricultural market in growth, 2024 crop up 15.5%.
✓Buyback guarantee declared by platform.
✓Blockchain transparency declared for asset audit.
Risques identifiés
!FF Forest platform without FCMC/ESMA licence confirmed independently - major regulatory risk.
!No verifiable track record of platform or operator.
!LTV not calculable, forest collateral value not appraised by independent expert.
!100% crowdfunding financing, no equity contribution or bank documented.
!Rate of 16.7% per annum elevated for AGRI class without confirmed registered real security.
Score card
Score card — Forest Project 20260109
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⚠ 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.