Summary
TRF Vehicle Financing Sr. 2021-1 is a $1,950,000 loan offering structured as a senior position in Reno listed on Percent.
The issuer is Series of Cadence Group Platform, LLC (ticker TRF1 2021-1), organized in Delaware, offered under Rule 506(b).
The offering carries a stated rate of 11.75%, a term of 3 months, and a minimum investment of $500.
It is secured by Consumer Loans / Asset Based.
AltStreet tracks 15 other Percent offerings in Reno, with disclosed rates ranging from 9.5% to 12.5%, 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
- $1,950,000
- Stated rate
- 11.75%
- Term
- 3 months
- Position
- Senior
- Minimum investment
- $500
- Collateral
- Consumer Loans
- 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 TRF1 2021-1) (Delaware)
- Target return
- 11.75% APR
- Senior secured
- Yes
- Liquidity
- Locked
- Distributions
- Contractual
- Launched
- 2021-02-12
- Closed
- 2021-02-12
- Expected exit
- 2021-05-12
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
11.75%
Above 18% of peers, median 15%. Low for the book.
Hold period
3 mo
Above 7% 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
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 TRF Vehicle Financing Sr. 2021-1?
TRF Vehicle Financing Sr. 2021-1 is a $1,950,000 loan offering structured as a senior position in Reno listed on Percent. The issuer is Series of Cadence Group Platform, LLC (ticker TRF1 2021-1), organized in Delaware, offered under Rule 506(b). The offering carries a stated rate of 11.75%, a term of 3 months, and a minimum investment of $500.
What interest rate does TRF Vehicle Financing Sr. 2021-1 pay?
The offering carries a stated rate of 11.75% over a term of 3 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 TRF Vehicle Financing Sr. 2021-1?
The securities are issued by Series of Cadence Group Platform, LLC (ticker TRF1 2021-1), organized in Delaware. The offering relies on Rule 506(b), a private placement to accredited investors without general solicitation.
When did TRF Vehicle Financing Sr. 2021-1 launch and close?
The offering launched on 2021-02-12. It closed on 2021-02-12. The expected exit date is 2021-05-12. AltStreet records its status as exited.
What is the minimum investment for TRF Vehicle Financing Sr. 2021-1?
The disclosed minimum is $500. Eligibility, availability, and the current status of this offering are determined by Percent, not by AltStreet.
Is TRF Vehicle Financing Sr. 2021-1 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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