Here is what I did, and it works fairly well:

I cut a thin piece of plywood into an approximate 6" x 2" rectangle, and cut a "V" into the 2" ends. I then drilled a hole through one of the ears of the V's that was just big enough for my paracord to fit through. I ran 12" or so of rope through that hole and tied a not on each side so the plywood won't slide any more, and tied a good snap hook on each end of my rope. I then wrapped my rope around the plywood into the V's. So when I need it I just unwrap the rope, and hook it up.