toolZhire

toolZhire is a one-stop P2P and B2B marketplace for tool and equipment hire. The platform provides a solution for both the demand and supply segments of the equipment hire market. Harnessing technology with the toolZhire app reduces clutter and allows consumers to quickly get the equipment they need, at a competitive price point. Users can list their underutilised tools on the platform in order to monetise these tools and earn additional income for minimal time and effort. Whilst handymen, tradesmen, DIY hobbyists, renovators, farmers, small businesses and large construction companies can source the equipment they need for a specific project, at a below-market price, any time of the day, seven days a week via the toolZhire platform. Tool and equipment owners will be able to list their tools within the app in a matter of minutes. Owners will simply upload a picture of their item, add in some brief information about the tool itself, an hourly, daily, weekly and/or monthly rental price and the location they wish to meet to complete the exchange with the renter. Renters will be able to quickly search and locate any tool they require in their area within a matter of seconds. The Company plans to segment listings by name, brand, category, price, condition, and location. Upon locating their desired tool, once the tools have been selected to rent the renter can then communicate with the lister via an in-app messaging service to ask for further information and discuss a pickup time and location. The aim is to create a community whereby the app facilitates safe, affordable and secure, 24/7 equipment hire for households, handymen, builders, small and large businesses. toolZhire generates revenue via a service fee that is charged on each transaction completed through the app. toolZhire charges tool owners 15% of the total transaction amount for facilitating the equipment rental. With toolZhire simple and elegant application, toolZhire puts the seller and the renter of a product together to enable a seamless transaction of the loan of multiple industrial, commercial and domestic tools.