MET Consumer Loans Sr. 2024-3 (Santiago de Querétaro) | Percent Offering

Summary

MET Consumer Loans Sr. 2024-3 is a $1,342,864 loan offering structured as a senior position in Santiago de Querétaro listed on Percent.

The issuer is Series of Cadence Group Platform, LLC (ticker MET1 2024-3), organized in Delaware, offered under Rule 506(c).

The offering carries a stated rate of 19%, a term of 8 months, and a minimum investment of $500.

It is secured by Consumer Loans / Asset Based.

AltStreet tracks 14 other Percent offerings in Santiago de Querétaro, with disclosed rates ranging from 12.75% to 19%, 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: $1,342,864
Stated rate: 19%
Term: 8 months
Position: Senior
Minimum investment: $500
Collateral: Consumer Loans
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 MET1 2024-3) (Delaware)
Target return: 19% APR
Senior secured: Yes
Liquidity: Locked
Distributions: Contractual
Launched: 2024-07-09
Closed: 2024-07-08
Expected exit: 2025-03-18

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

19%

Above 87% of peers, median 15%. High for the book.

Hold period

8 mo

Above 23% 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 207 Percent private credit offerings launched in 2024. A percentile places a disclosed term, not a result. Browse the full Percent book.

Terminal Analysis

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Questions About This Offering

What is MET Consumer Loans Sr. 2024-3?

MET Consumer Loans Sr. 2024-3 is a $1,342,864 loan offering structured as a senior position in Santiago de Querétaro listed on Percent. The issuer is Series of Cadence Group Platform, LLC (ticker MET1 2024-3), organized in Delaware, offered under Rule 506(c). The offering carries a stated rate of 19%, a term of 8 months, and a minimum investment of $500.

What interest rate does MET Consumer Loans Sr. 2024-3 pay?

The offering carries a stated rate of 19% over a term of 8 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 MET Consumer Loans Sr. 2024-3?

The securities are issued by Series of Cadence Group Platform, LLC (ticker MET1 2024-3), organized in Delaware. The offering relies on Rule 506(c), which permits advertising but limits sales to verified accredited investors.

When did MET Consumer Loans Sr. 2024-3 launch and close?

The offering launched on 2024-07-09. It closed on 2024-07-08. The expected exit date is 2025-03-18. AltStreet records its status as exited.

What is the minimum investment for MET Consumer Loans Sr. 2024-3?

The disclosed minimum is $500. Eligibility, availability, and the current status of this offering are determined by Percent, not by AltStreet.

Is MET Consumer Loans Sr. 2024-3 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.