Wouldn't it be great to have a Community Tool Box? You can with Time Banking.

For any trades associated with loaning goods and tools you can claim one hour, regardless of the time the tool is loaned out for. Why is this? Because you are not actually giving of your time, you are loaning a tool. The only time you are giving is the time taken to actually organise the loan of these tools. Sometimes this can be 5 - 10 mins, sometimes 30 mins. Therefore, it is the LTBs policy to round goods and tool trades up to one hour.

If there are any expenses involved in the loaning of goods / tools these should be agreed between the members before the trade takes place.