Summary
FTL Receivables Sr. 2026-2 is a $5,032,552 loan offering structured as a senior position in Boston listed on Percent.
The issuer is Series of Cadence Group Platform, LLC (ticker FTL2 2026-2), organized in Delaware, offered under Rule 506(c).
The offering carries a stated rate of 16%, a term of 9 months, and a minimum investment of $500.
It is secured by Discounted Receivables / Asset Based.
AltStreet tracks 29 other Percent offerings in Boston, with disclosed rates ranging from 11.5% to 20%, and across 1,133 tracked Percent offerings the median disclosed rate is 15%.
Terms shown here are drawn from direct platform disclosures and were captured by AltStreet on 2026-10-06. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.
Disclosed Terms
- Offering amount
- $5,032,552
- Stated rate
- 16%
- Term
- 9 months
- Position
- Senior
- Minimum investment
- $500
- Collateral
- Discounted Receivables
- Return type
- Interest
- Distribution frequency
- Monthly
- Tax document
- 1099-INT
- Status
- Exited
- Exemption
- Rule 506(c)
- Issuing entity
- Series of Cadence Group Platform, LLC (ticker FTL2 2026-2) (Delaware)
- Target return
- 16% APR
- Senior secured
- Yes
- Liquidity
- Locked
- Distributions
- Contractual
- Launched
- 2026-06-05
- Closed
- 2026-06-05
- Expected exit
- 2027-03-05
Terms as disclosed at the time of the offering. AltStreet does not update these figures for subsequent performance, and a disclosed rate is not a realized return.
Where It Sits in Percent's Book
Disclosed rate
16%
Above 58% of peers, median 15%. Near the middle of the book.
Hold period
9 mo
Above 25% of peers, median 9 mo. Low for the book.
Compared against 1,080 other Percent private credit offerings with a disclosed rate. This offering is one of 158 Percent private credit offerings launched in 2026. A percentile places a disclosed term, not a result. Browse the full Percent book.
Terminal Analysis
Terminal analysis for this offering
Terminal access unlocks rate, LTV, and term percentiles against every tracked peer, 1,132 comparable offerings side by side.
Access full researchQuestions About This Offering
What is FTL Receivables Sr. 2026-2?
FTL Receivables Sr. 2026-2 is a $5,032,552 loan offering structured as a senior position in Boston listed on Percent. The issuer is Series of Cadence Group Platform, LLC (ticker FTL2 2026-2), organized in Delaware, offered under Rule 506(c). The offering carries a stated rate of 16%, a term of 9 months, and a minimum investment of $500.
What interest rate does FTL Receivables Sr. 2026-2 pay?
The offering carries a stated rate of 16% over a term of 9 months, as disclosed at the time of the offering on Percent. Stated rates are not guaranteed returns; repayment depends on the borrower and the underlying collateral.
Who is the issuer of FTL Receivables Sr. 2026-2?
The securities are issued by Series of Cadence Group Platform, LLC (ticker FTL2 2026-2), organized in Delaware. The offering relies on Rule 506(c), which permits advertising but limits sales to verified accredited investors.
When did FTL Receivables Sr. 2026-2 launch and close?
The offering launched on 2026-06-05. It closed on 2026-06-05. The expected exit date is 2027-03-05. AltStreet records its status as exited.
What is the minimum investment for FTL Receivables Sr. 2026-2?
The disclosed minimum is $500. Eligibility, availability, and the current status of this offering are determined by Percent, not by AltStreet.
Is FTL Receivables Sr. 2026-2 still open to investors?
AltStreet's record shows the offering as exited. AltStreet tracks this offering from platform disclosures, last captured 2026-10-06. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Percent before acting.
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