Summary
HAP Corporate Loan Sr. 2024-1 is a $717,443 loan offering structured as a senior position in Los Angeles listed on Percent.
The issuer is Series 127 of Cadence Group Platform, LLC, organized in Delaware, offered under Rule 506(c).
The offering carries a term of 13 months, and a minimum investment of $5,000.
It is secured by SMB Financing / Corporate Loan.
AltStreet tracks 10 other Percent offerings in Los Angeles, with disclosed rates ranging from 14.25% 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
- $717,443
- Term
- 13 months
- Position
- Senior
- Minimum investment
- $5,000
- Collateral
- SMB Financing
- Return type
- Interest
- Distribution frequency
- Monthly
- Tax document
- 1099-INT
- Status
- Exited
- Exemption
- Rule 506(c)
- Issuing entity
- Series 127 of Cadence Group Platform, LLC (Delaware)
- Senior secured
- Yes
- Liquidity
- Locked
- Distributions
- Contractual
- Launched
- 2024-01-24
- Closed
- 2024-01-23
- Expected exit
- 2025-02-21
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
Hold period
13 mo
Above 64% of peers, median 9 mo. Near the middle of the book.
Compared against 1,081 other Percent private credit offerings with a disclosed rate. This offering is one of 207 Percent private credit offerings launched in 2024. 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 HAP Corporate Loan Sr. 2024-1?
HAP Corporate Loan Sr. 2024-1 is a $717,443 loan offering structured as a senior position in Los Angeles listed on Percent. The issuer is Series 127 of Cadence Group Platform, LLC, organized in Delaware, offered under Rule 506(c). The offering carries a term of 13 months, and a minimum investment of $5,000.
Who is the issuer of HAP Corporate Loan Sr. 2024-1?
The securities are issued by Series 127 of Cadence Group Platform, LLC, organized in Delaware. The offering relies on Rule 506(c), which permits advertising but limits sales to verified accredited investors.
When did HAP Corporate Loan Sr. 2024-1 launch and close?
The offering launched on 2024-01-24. It closed on 2024-01-23. The expected exit date is 2025-02-21. AltStreet records its status as exited.
What is the minimum investment for HAP Corporate Loan Sr. 2024-1?
The disclosed minimum is $5,000. Eligibility, availability, and the current status of this offering are determined by Percent, not by AltStreet.
Is HAP Corporate Loan Sr. 2024-1 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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