Summary
TBF Fund Membership Interests 2024-5 is a $50,000 loan offering structured as a special purpose vehicle in Florida listed on Percent.
The issuer is Series of Cadence Group Platform, LLC (ticker TBF1 2024-5), organized in Delaware.
The offering carries a stated rate of 20%, a term of 36 months, and a minimum investment of $50,000.
It is secured by Other / Fund.
AltStreet tracks 33 other Percent offerings in Florida, with disclosed rates ranging from 13.5% to 25%, 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 2026-08-03. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.
Disclosed Terms
- Offering amount
- $50,000
- Stated rate
- 20%
- Term
- 36 months
- Minimum investment
- $50,000
- Collateral
- Other
- Return type
- Interest
- Distribution frequency
- Other
- Tax document
- K1
- Status
- Active
- Issuing entity
- Series of Cadence Group Platform, LLC (ticker TBF1 2024-5) (Delaware)
- Target return
- 20% APR
- Liquidity
- Locked
- Distributions
- Contractual
- Launched
- 2024-12-16
- Closed
- 2024-12-16
- Expected exit
- 2027-12-16
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
20%
Above 92% of peers, median 15%. High for the book.
Hold period
36 mo
Above 94% 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 TBF Fund Membership Interests 2024-5?
TBF Fund Membership Interests 2024-5 is a $50,000 loan offering structured as a special purpose vehicle in Florida listed on Percent. The issuer is Series of Cadence Group Platform, LLC (ticker TBF1 2024-5), organized in Delaware. The offering carries a stated rate of 20%, a term of 36 months, and a minimum investment of $50,000.
What interest rate does TBF Fund Membership Interests 2024-5 pay?
The offering carries a stated rate of 20% over a term of 36 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 TBF Fund Membership Interests 2024-5?
The securities are issued by Series of Cadence Group Platform, LLC (ticker TBF1 2024-5), organized in Delaware.
When did TBF Fund Membership Interests 2024-5 launch and close?
The offering launched on 2024-12-16. It closed on 2024-12-16. The expected exit date is 2027-12-16. AltStreet records its status as active.
What is the minimum investment for TBF Fund Membership Interests 2024-5?
The disclosed minimum is $50,000. Eligibility, availability, and the current status of this offering are determined by Percent, not by AltStreet.
Is TBF Fund Membership Interests 2024-5 still open to investors?
AltStreet's record shows the offering as active. AltStreet tracks this offering from platform disclosures, last captured 2026-08-03. 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
TBF Fund Membership Interests 2024-4
Florida · Private Credit
BMO Corporate Loan Sr. 2024-3
Florida · Private Credit
BMO Corporate Loan Sr. 2025-2
Florida · Private Credit
FUN SMB Financing Sr. 2025-1
Florida · Private Credit
BMO Corporate Loan Sr. 2025-5
Florida · Private Credit
TBF Fund Membership Interests 2025-4
Florida · Private Credit
TBF Fund Membership Interests 2025-3
Florida · Private Credit
BMO Corporate Loan Sr. 2023-1
Florida · Private Credit
TBF Fund Membership Interests 2025-1
Florida · Private Credit
TBF Fund Membership Interests 2026-4
Florida · Private Credit
FUN SMB Financing Sr. 2026-3
Florida · Private Credit
TBF Fund Membership Interests 2026-3
Florida · Private Credit
FUN SMB Financing Sr. 2026-1
Florida · Private Credit
TBF Fund Membership Interests 2026-1
Florida · Private Credit
FUN SMB Financing Sr. 2025-4
Florida · Private Credit
FUN SMB Financing Sr. 2025-3
Florida · Private Credit
BMO Corporate Loan Sr. 2025-4
Florida · Private Credit
FUN SMB Financing Sr. 2025-2
Florida · Private Credit
TBF Fund Membership Interests 2025-2
Florida · Private Credit
BMO Corporate Loan Sr. 2025-3
Florida · Private Credit
BMO Corporate Loan Sr. 2025-1
Florida · Private Credit
FUN SMB Financing Sr. 2024-3
Florida · Private Credit
BMO Corporate Loan Sr. 2024-6
Florida · Private Credit
BMO Corporate Loan Sr. 2024-5
Florida · 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 →