> For the complete documentation index, see [llms.txt](https://quantixfinance.gitbook.io/quantixfinance-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://quantixfinance.gitbook.io/quantixfinance-docs/credit-lifecycle/repayment-and-distributions.md).

# Repayment and Distributions

Borrowers repay principal and interest according to their agreed schedule. Repaid interest returns to the pool and accrues to lenders in the pool's settlement asset, net of the pool's performance and underwriting fees — lenders receive their pro rata share of what the pool actually earned, after the costs of running that pool are accounted for, not a headline rate before fees. Repaid principal restores the pool's available liquidity, becoming capital the pool can deploy into a new facility or return to lenders on request.

Lender withdrawals are met from that available liquidity through a defined withdrawal process rather than an immediate on-demand transfer. When a lender requests a withdrawal, the request enters a queue, and the lender is shown their position in that queue along with an estimated time to fulfillment based on current pool conditions — this estimate reflects the pool's available liquidity and expected repayment schedule at the time of the request, and moves as those conditions change, rather than being a fixed number set in advance. The protocol does not promise instant redemption of capital that is actively deployed, and it does not describe pool yield as a guaranteed return: yield reflects what borrowers actually paid, and withdrawal timing reflects what the pool can actually make available at any given moment.