Ad Hoc Finance refers to financial activities that are not part of a company’s regular operations. This can include unexpected expenses, special projects, or one-time deals. Ad hoc finance requires quick action and no pre-existing plans. It is used when there is an urgent financial need or an opportunity to capitalize on an unexpected situation. Ad hoc finance also includes activities like bridge financing, which can be used to cover short-term cash flow gaps or to fund investments. By leveraging ad hoc finance, businesses have the flexibility to quickly react to changes in their environment and capture opportunities as soon as they arise.