Latvian Forest Development Fund — LV0000113710 — 15.0%/an · 36 mois

Plateforme · 17.0/25

A1 · Statut réglementaire 5.0/8

FCMC investment licence (Latvia) obtained in September 2021
Recognised EU regulator, but investment licence ≠ explicit ECSP passport
Recognised EU equivalent → 5 points

A2 · Track Record 5.0/6bon

Default 0% → 6/6
Delay >90 days 0% → 6/6
Actual return vs announced return not disclosed → 0/6
A2 = (6×0.5)+(6×0.3)+(0×0.2) = 4.8, rounded to 5
Caveat: statistics cover ABS, not underlying loans

A3 · Rigueur de sélection 2.0/4

Transition to ABS model involves a structured selection process (FCMC licenced), but selection rate not published and process poorly detailed publicly → 2 points

A4 · Santé financière 3.0/4bon

Independent platform operational for >3 years (2021+), active in 2026, no platform distress signal identified
No known institutional shareholder → 3 points

A5 · Protection investisseurs 2.0/3

Investor protection EUR 20,000 provided by Latvian law (1 regulatory point)
FCMC licence implies continuity plan (1 point)
Secondary market or segregated escrow not confirmed → 0 points third criterion

Projet · 9.0/75

B1 · Instrument & Structure 4.0/10faible

B1.1: 2/5 - Fractional note on pool, contractual documentation absent from file

B1.2: 1/3 - Pool/issuer structure not described, applicable law implicit

B1.3: 1/2 - No known senior debt, ranking not documented

B2 · Opérateur & Track record 2.0/15faible

B2.1: 1/4 - Entity named, no director identified

B2.2: 0/5 - No financial history or default data provided

B2.3: 0/3 - History on Debitum not documented

B2.4: 1/4 - Register verification impossible, web search unavailable

B3 · Garanties & Sûretés 0.0/15faible

B3.1: 0/9 - No documented security; RF8 not applicable (<500K€)

B3.2: 0/4 - No guarantor identified

B3.3: 0/2 - Central bank licence of originator not documented

B4 · Structure financière 0.0/15faible

B4.1: 0/5 - taux de couverture de la dette not calculable, no financial data

B4.2: 0/4 - Originator equity not communicated

B4.3: 0/4 - No stress test presented

B4.4: 0/2 - Margin and taux de couverture de la dette unknown

B5 · Pré-commercialisation 1.0/10faible

B5: 1/10 - Loan pool data (number, concentration, history) not communicated
Business sector indicated as 'EMPTY'

B6 · Permis & Maturité 1.0/5faible

B6: 1/5 - Latvian ISIN code suggests a registered issuance, but articles of association, licences and age not provided

B7 · Marché & Localisation 1.0/3faible

B7: 1/3 - Latvian SME credit market judged stable (live data not verified)
NPL and GDP not confirmed

Points forts

✓Debitum platform regulated in Latvia (FCMC), no published default.

✓Note identified by a Latvian ISIN (LV0000113710).

✓Internal Debitum rating 'A' assigned to the originator.

✓Limited amount of 200,000 €, capped exposure.

Risques identifiés

!Rate 15% per annum with no documented guarantee, at RF10 threshold limit

!No director, balance sheet or portfolio data provided in file.

!Loan pool content and underlying sector not documented.

!Web search unavailable: procedures, complaints and delays not verified.

!Duration of 36 months with secondary liquidity not confirmed.

⚠ 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.