ToolNOW
Tool loan of the future
The purpose of ToolNOW is to unite the hundreds of small networks on today's aviation tool loan market. In
case of an urgent tool need caused by an unplanned finding, companies such as airlines and MROs are trying
hard to find a suitable provider; sometimes without success, but always with a lot of effort, money
spent and time wasted. On the other side, companies that want to gain financial benefits from their tooling
assets struggle to find the right sales channel. The overall aim to reduce assets is also visible in the tooling
business. Therefore, the volume of annual tool loans has been increasing lately. ToolNOW is representative of
the current development and digital improvement within the tool loan business in aviation.