Hmm, how would you ship your collateral to me? poke holes in a box? Wooden crate maybe?
Is it a Male or Female? Declawed? Neutered/Spayed? Microchipped? Tattooed?
What kind of cat is this that's worth 120% of 1BTC?
Oh and last question, why not just try and trade your cat for the puppy? Is it because you know dogs>cats now (sorry meowski... You look cute but meh, dogs rule cats drool)?
April Fools!
Look at the eyes, this cat definetly worth more then 1.2bitcoins.
I can not offer you the loan but we can make a kind of exchange, I would give you a bird,3 ants,and a mouse with his car wheel(BMW) for the cat.
You could easily get much more then 1 btc for them