Summary
PEP Corporate Loan Sr. 2024-2 is a $110,000 loan offering structured as a senior position in British Columbia listed on Percent.
The issuer is Series of Cadence Group Platform, LLC (ticker PEP1 2024-2), organized in Delaware, offered under Rule 506(c).
The offering carries a stated rate of 14%, a term of 32 months, and a minimum investment of $1,000.
It is secured by Corporate Loan / Corporate Loan.
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
- $110,000
- Stated rate
- 14%
- Term
- 32 months
- Position
- Senior
- Minimum investment
- $1,000
- Collateral
- Corporate Loan
- Return type
- Interest
- Distribution frequency
- Quarterly
- Tax document
- 1099-INT
- Status
- Exited
- Exemption
- Rule 506(c)
- Issuing entity
- Series of Cadence Group Platform, LLC (ticker PEP1 2024-2) (Delaware)
- Target return
- 14% APR
- Senior secured
- Yes
- Liquidity
- Locked
- Distributions
- Contractual
- Launched
- 2024-07-31
- Closed
- 2024-07-30
- Expected exit
- 2027-03-31
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
14%
Above 40% of peers, median 15%. Near the middle of the book.
Hold period
32 mo
Above 93% of peers, median 9 mo. High 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
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 PEP Corporate Loan Sr. 2024-2?
PEP Corporate Loan Sr. 2024-2 is a $110,000 loan offering structured as a senior position in British Columbia listed on Percent. The issuer is Series of Cadence Group Platform, LLC (ticker PEP1 2024-2), organized in Delaware, offered under Rule 506(c). The offering carries a stated rate of 14%, a term of 32 months, and a minimum investment of $1,000.
What interest rate does PEP Corporate Loan Sr. 2024-2 pay?
The offering carries a stated rate of 14% over a term of 32 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 PEP Corporate Loan Sr. 2024-2?
The securities are issued by Series of Cadence Group Platform, LLC (ticker PEP1 2024-2), organized in Delaware. The offering relies on Rule 506(c), which permits advertising but limits sales to verified accredited investors.
When did PEP Corporate Loan Sr. 2024-2 launch and close?
The offering launched on 2024-07-31. It closed on 2024-07-30. The expected exit date is 2027-03-31. AltStreet records its status as exited.
What is the minimum investment for PEP Corporate Loan Sr. 2024-2?
The disclosed minimum is $1,000. Eligibility, availability, and the current status of this offering are determined by Percent, not by AltStreet.
Is PEP Corporate Loan Sr. 2024-2 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.
Related Offerings on Percent
PEP Corporate Loan Sr. 2024-1
British Columbia · Private Credit
PBN Global Asset Based Limited Advance Rate
Private Credit
TBF Fund Membership Interests 2026-5
Private Credit
Ultra Short Term Mobile App Financing 3-H
San Francisco · Private Credit
Short Term E-Commerce Financing 1-B
Weston · Private Credit
Ultra Short Term E-Commerce Financing 1-N
Weston · Private Credit
Ultra Short Term E-Commerce Financing 1-C
Weston · Private Credit
Short Term E-Commerce Financing 1-P
Weston · Private Credit
Ultra Short Term E-Commerce Financing 1-O
Weston · Private Credit
Short Term Small Business Financing 2-A
New York · Private Credit
Short Term Accounts Receivable Financing 5-A
Toledo · Private Credit
Ultra Short Term E-Commerce Financing 1-J
Weston · Private Credit
Ultra Short Term Mobile App Financing 3-A
San Francisco · Private Credit
Short Term Small Business Financing 2-C
New York · Private Credit
Ultra Short Term E-Commerce Financing 1-I
Weston · Private Credit
Ultra Short Term E-Commerce Financing 1-F
Weston · Private Credit
Medium Term Small Business Financing 2-B
New York · Private Credit
Ultra Short Term Accounts Receivable Financing 1-A
Weston · Private Credit
Medium Term E-Commerce Financing 1-R
Weston · Private Credit
Short Term E-Commerce Financing 1-K
Weston · Private Credit
Ultra Short Term E-Commerce Financing 1-H
Weston · Private Credit
Ultra Short Term E-Commerce Financing 1-E
Weston · Private Credit
Short Term Mexican Small Business Financing 4-A
Guadalajara · Private Credit
Ultra Short Term E-Commerce Financing 1-M
Weston · Private Credit
Private Credit offerings on other platforms
Doc2Doc, Inc.
StartEngine
Arrived Debt Fund
Arrived
Lend Grow Inc.
MicroVentures
StarWalker — Working Capital To Scale Direct-to-Consumer Sales
Steward · Fort Jones, CA
StarWalker — Funding To Purchase USDA-Inspected Processing Facility
Steward · Fort Jones, CA
Harvest Invest - 013 LLC (A Series of Harvest Invest LLC)
Harvest Returns
Harvest Invest-028 LLC A Series of Harvest Invest LLC
Harvest Returns
All Percent offerings →All private credit offerings →