Summary
Medium Term SMB Financing 20-B is a $2,250,000 loan offering structured as a special purpose vehicle in New York listed on Percent.
The issuer is Series of Cadence Group Platform, LLC (ticker 20-B), organized in Delaware, offered under Rule 506(b).
The offering carries a stated rate of 15.5%, a term of 9 months, and a minimum investment of $500.
It is secured by SMB Financing / Asset Based.
AltStreet tracks 208 other Percent offerings in New York, with disclosed rates ranging from 10% to 24%, 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
- $2,250,000
- Stated rate
- 15.5%
- Term
- 9 months
- Minimum investment
- $500
- Collateral
- SMB Financing
- Return type
- Interest
- Distribution frequency
- Monthly
- Tax document
- 1099-INT
- Status
- Exited
- Exemption
- Rule 506(b)
- Issuing entity
- Series of Cadence Group Platform, LLC (ticker 20-B) (Delaware)
- Target return
- 15.5% APR
- Liquidity
- Locked
- Distributions
- Contractual
- Launched
- 2020-12-19
- Closed
- 2020-12-19
- Expected exit
- 2021-08-19
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
15.5%
Above 54% 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 129 Percent private credit offerings launched in 2020. 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 Medium Term SMB Financing 20-B?
Medium Term SMB Financing 20-B is a $2,250,000 loan offering structured as a special purpose vehicle in New York listed on Percent. The issuer is Series of Cadence Group Platform, LLC (ticker 20-B), organized in Delaware, offered under Rule 506(b). The offering carries a stated rate of 15.5%, a term of 9 months, and a minimum investment of $500.
What interest rate does Medium Term SMB Financing 20-B pay?
The offering carries a stated rate of 15.5% 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 Medium Term SMB Financing 20-B?
The securities are issued by Series of Cadence Group Platform, LLC (ticker 20-B), organized in Delaware. The offering relies on Rule 506(b), a private placement to accredited investors without general solicitation.
When did Medium Term SMB Financing 20-B launch and close?
The offering launched on 2020-12-19. It closed on 2020-12-19. The expected exit date is 2021-08-19. AltStreet records its status as exited.
What is the minimum investment for Medium Term SMB Financing 20-B?
The disclosed minimum is $500. Eligibility, availability, and the current status of this offering are determined by Percent, not by AltStreet.
Is Medium Term SMB Financing 20-B 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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