NFTfi offers a platform for receiving loans while offering an NFT as collateral. The current system supports peer-to-peer loans. Meaning, a borrower offers an NFT as collateral and a lender transfers ERC-20 tokens to the borrower. In case the payback time is exceeded, the lender has the right to liquidate the loan and withdraw the NFT from the lending contract. Furthermore, renegotiations of the loan terms are possible in the NFTfi Marketplace.