Financement structuré d'une flotte de véhicules électriques - Lot 19 — 10%/an · 24 mois

Plateforme · 15.0/25

A1 · Statut réglementaire 8.0/8✓ max

agrément AMF licence AMF fonds propres-2023-28 currently valid, confirmed REGAFI 86190
Maximum status

A2 · Track Record 2.0/6faible

Performance indicators published but default rate, delay >90 days and actual yield not precisely disclosed
Recent platform (2023)
Partial penalty applied due to lack of verifiable numerical data

A3 · Rigueur de sélection 1.0/4faible

Selection process not publicly documented, no selection rate published
Platform recognised and regulated, limited track record

A4 · Santé financière 2.0/4

Share capital of 200,000 EUR, young independent platform (licence 2023), no distress signals identified
Viability to be confirmed over time
Member of France FinTech

A5 · Protection investisseurs 2.0/3

4-day reflection period plus mandatory continuity plan (agrément AMF, 1 point)
Segregated funds via Lemonway confirmed (1 point)
Secondary market not documented (0 points)

Projet · 29.0/75

B1 · Instrument & Structure 8.0/10bon

B1.1: 5/5 - Direct ECSP loan at fixed rate, French law

B1.2: 2/3 - Direct borrowing by a subsidiary, without dedicated société dédiée (SPV)

B1.3: 1/2 - Announced securities, pledge registration not justified

B2 · Opérateur & Track record 7.0/15faible

B2.1: 2/4 - President and beneficial owner named, without detailed profile

B2.2: 2/5 - Moov'In Cab group established, recent subsidiary

B2.3: 2/4 - 19th tranche in progress, repayment history not published

B2.4: 1/3 - Collective insolvency proceedings in related entities, high gearing

B3 · Garanties & Sûretés 7.0/15faible

B3.1: 6/9 - Pledge on vehicles, pledge of account, GAPD from parent company

B3.2: 1/4 - Balance sheets of guarantor Moov'In Cab not provided

B3.3: 0/2 - No banking partner, borrower not licensed NBFI

B4 · Structure financière 2.0/15faible

B4.1: 0/5 - taux de couverture de la dette not demonstrated, EBITDA 2023 of only 89 K€

B4.2: 2/4 - Equity of 20 K€, approximately 11% of total

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

B4.4: 0/2 - Net margin 2023 of approximately 1.4%

B5 · Pré-commercialisation 1.0/10faible

Portfolio of VTC drivers, rental rate and Bolt concentration not disclosed

B6 · Permis & Maturité 3.0/5

Group established, but subsidiary active since 2023 and inconsistent financial ratios

B7 · Marché & Localisation 1.0/3faible

French SME credit market on the rise, but VTC sector competitive
Score adjusted thanks to live data: tightening of credit and NBFI vulnerabilities

Points forts

✓Pledge on the 10 financed vehicles for the benefit of investors.

✓Pledge of the account receiving VTC rental income and Bolt commissions.

✓First demand guarantee from Moov'In Cab covering 120% of capital.

✓Monthly amortisation of capital, which progressively reduces exposure.

✓Monthly monitoring by TradeStock and fleet insurance with delegation.

Risques identifiés

!Collective insolvency proceedings noted in related entities, not detailed in the file.

!2023 financial ratios inconsistent: gearing of 30.4 and equity at 64%.

!Repayment capacity not demonstrated for a tranche of 3.27 M€.

!Financial solidity of guarantor Moov'In Cab not documented.

!Vehicles with rapid depreciation and dependence on VTC market and Bolt.

⚠ 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.