Identify and describe the most appropriate sources of finance to meet the needs of (i) RIM Ltd (ii) Individual stallholders - Leaving Cert Business - Question A - 2012

Hire Purchase: This allows stallholders to acquire a transport vehicle over a period of time, enabling them to make payments without needing full upfront costs. Possession is transferred once the final payment is made.

Leasing: Stallholders can lease a vehicle and make regular payments without an initial lump sum requirement. This method provides flexibility and reduces financial burden.

Bank Overdraft: A bank overdraft facility allows stallholders to withdraw more than what is available in their account, thus providing immediate liquidity to manage daily expenses.

Accrued Expenses: Individual stallholders may defer payments for utilities and other operational costs, allowing them to manage cash flow better.

Trade Credit: Stallholders can purchase inventory on credit, effectively allowing them to stock products while delaying payment, fostering better cash management.