I'll fund it too at slightly better terms than Loan Shark if you're interested.

1. No escrow. I think I'm decently trusted to hold this collateral, and I don't want to have to contact an escrow to sell as generally there will be large delays.
2. 6% interest in BTC, not fiat pegged. Possibly willing to negotiate this.

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If the collateral's value drops below 125%, you will be notified of it and have the following options:

1. Do nothing.
2. Repay the loan. I'll lower the interest rate if the loan is repaid early.
3. Add more collateral to increase the value. If you give Bitcoin, I can count that towards your loan repayment.

Should the collateral's value fall to 110%, I have the right to sell the collateral up to the amount needed to repay the principal + interest. Leftover coins may be returned to you. Movement of the collateral will be paid by you (as in taken out of the collateral's value).

You can ask me to liquidate some or all of the collateral at any point, and I will use the BTC amount towards your loan repayment.

In the event that repayment is late, please notify me beforehand. Generally I'll allow short extensions without any other interest, but I may charge an additional 1% interest for every 3 days late if you do not notify me.