TOR SMB Financing Sr. 2021-4 (Salt Lake City) | Percent Offering

Summary

TOR SMB Financing Sr. 2021-4 is a $2,000,000 loan offering structured as a senior position in Salt Lake City listed on Percent.

The issuer is Series of Cadence Group Platform, LLC (ticker TOR1 2021-4), organized in Delaware, offered under Rule 506(b).

The offering carries a stated rate of 13%, a term of 9 months, and a minimum investment of $500.

It is secured by SMB Financing / Asset Based.

AltStreet tracks 16 other Percent offerings in Salt Lake City, with disclosed rates ranging from 12% to 14%, 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: $2,000,000
Stated rate: 13%
Term: 9 months
Position: Senior
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 TOR1 2021-4) (Delaware)
Target return: 13% APR
Senior secured: Yes
Liquidity: Locked
Distributions: Contractual
Launched: 2021-07-23
Closed: 2021-07-23
Expected exit: 2022-04-23

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

13%

Above 30% of peers, median 15%. Low for 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 114 Percent private credit offerings launched in 2021. 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 TOR SMB Financing Sr. 2021-4?

TOR SMB Financing Sr. 2021-4 is a $2,000,000 loan offering structured as a senior position in Salt Lake City listed on Percent. The issuer is Series of Cadence Group Platform, LLC (ticker TOR1 2021-4), organized in Delaware, offered under Rule 506(b). The offering carries a stated rate of 13%, a term of 9 months, and a minimum investment of $500.

What interest rate does TOR SMB Financing Sr. 2021-4 pay?

The offering carries a stated rate of 13% 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 TOR SMB Financing Sr. 2021-4?

The securities are issued by Series of Cadence Group Platform, LLC (ticker TOR1 2021-4), organized in Delaware. The offering relies on Rule 506(b), a private placement to accredited investors without general solicitation.

When did TOR SMB Financing Sr. 2021-4 launch and close?

The offering launched on 2021-07-23. It closed on 2021-07-23. The expected exit date is 2022-04-23. AltStreet records its status as exited.

What is the minimum investment for TOR SMB Financing Sr. 2021-4?

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

Is TOR SMB Financing Sr. 2021-4 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.