Getting repaid

You receive principal + interest, settled to your bank account (IBAN) in CHF or USD. Here’s how repayment works in each scenario.

At maturity (the normal case)

The borrower sends principal + interest to Helva’s clearing account, which forwards it to you immediately. The collateral reservation is then released back to the borrower.

On early termination

If the loan ends early — early repayment, repayment with collateral, or liquidation — you receive principal + pro-rata accrued interest, subject to a minimum of 3 months’ interest, and never more than full-term interest.

flowchart TD
    A[Loan ends] --> B{How?}
    B -- At maturity --> C[Principal plus full-term interest]
    B -- Early repayment --> D[Principal plus pro-rata interest]
    B -- Liquidation --> E[Collateral converted]
    E --> F[Principal plus accrued interest]

If the collateral is liquidated

If a position becomes unhealthy, monitoring converts only the collateral needed to cover what’s owed. Proceeds are applied in this order:

1. Your principal
2. Your interest (accrued, with the 3-month minimum)
3. Helva’s liquidation fee

Any shortfall is covered first from the first-loss reserve, then by the guarantee (bounded — see Risks & mitigations).

Settlement timing

Conversion proceeds are off-ramped and remitted promptly — days, not weeks.

Note

Your exposure to Helva’s clearing account is deliberately kept short: funds are forwarded quickly rather than held.