Alternative finance provider eCapital Corp. received debt financing backing an acquisition of specialty lender and factoring company Advantedge Commercial Finance Ltd, according to a press release today.

Credit funds managed by Ares Management provided the loans.

The lender also backed eCapital Corp.'s prior acquisitions of Bibby Financial Services (Holdings) Inc. and Prosperity Funding Inc. earlier this year.

"The acquisition will allow eCapital to continue building out its full suite of specialty lending solutions and geographically diversify its book of business," a statement from the companies said.

Advantedge is a privately owned invoice financing company providing cash flow solutions to small and medium-size businesses in the U.K.

Alternative finance provider eCapital provides small and mid-size businesses with working capital.