# Tool-Sharing Platforms 'ToolFinder' Lets You Borrow Tools from Neighbors at a Low Cost By Michael Hemsworth | Published 2017-05-19 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/borrow-tools References: [betalist](https://betalist.com/startups/toolfinder) & [toolfinder.io](https://www.toolfinder.io) Coming as something of an evolutionary take on the [sharing economy model](https://www.trendhunter.com/trends/swapper), 'ToolFinder' enables users to borrow tools from their neighbors at a cost that is far lower than purchasing the tool themselves or renting it from a store. Purchasing a tool that you might only use once or twice is expensive, so renting it from a third-party is often the best solution in order to ensure you don't waste your money. However, [rental costs](https://www.trendhunter.com/trends/rentnow) are often quite high and can quickly add up to hefty amounts if you're borrowing different kinds of tools on a regular basis. The 'ToolFinder' platform makes it possible for users to [borrow the tools they need](https://www.trendhunter.com/trends/onlines-tool) at a low-cost, while also enabling those who own tools to rent their equipment out to help recoup the cost of purchasing. ## Trend Insights (Trend Hunter) - Score: 3.8/10 - Popularity: 40% | Activity: 67% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: Asia ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Mobile](https://www.trendhunter.com/mobile) ## Key Themes ### Why This Trend Is Growing - **Tool-sharing Platforms:** Disruptive innovation opportunity: Create a platform that allows users to share tools and equipment, reducing the need for individuals to purchase or rent expensive tools. - **Cost-effective Borrowing:** Disruptive innovation opportunity: Develop a system that facilitates affordable borrowing of various items, not just tools, from neighbors or local communities. - **Peer-to-peer Rental Services:** Disruptive innovation opportunity: Establish a platform that connects individuals who own tools or equipment with those who need them, enabling efficient and cost-effective rentals. ### Industries Being Reshaped - **Sharing Economy:** Disruptive innovation opportunity: Build a platform that promotes sharing and collaborative consumption, disrupting traditional business models and reducing unnecessary costs. - **Rental Services:** Disruptive innovation opportunity: Revolutionize the rental industry by providing a localized platform that offers competitively priced equipment rental options. - **Community-based Platforms:** Disruptive innovation opportunity: Create a community-driven platform that connects individuals within a specific geographical area, allowing them to share resources and reduce expenses. ## Related on Trend Hunter - [Peer-to-Peer Sharing Tools](https://www.trendhunter.com/trends/shapp.md) - [Peer-To-Peer Rental Marketplaces](https://www.trendhunter.com/trends/peertopeer-rental.md) - [Productivity Tool Navigator](https://www.trendhunter.com/trends/tool-finder.md) - [Tool Alternatives Finders](https://www.trendhunter.com/trends/alternate-tools.md) - [Peer-to-Peer Rental Apps](https://www.trendhunter.com/trends/rax.md) - [AI Tool Finders](https://www.trendhunter.com/trends/findtool.md) - [AI Tool Finders](https://www.trendhunter.com/trends/toolforthat.md) - [Neighborly Contracting Apps](https://www.trendhunter.com/trends/pigybak-ride.md) - [Cost-Effective Housing Exchange Platforms](https://www.trendhunter.com/trends/house-exchange.md)