New York, NY -- (SBWIRE) -- 10/12/2010 -- With help from Biz2Credit, the number one credit resource for small businesses, MEDFONE (http://www.medfone.com) closed on a deal that will enable MEDFONE to refinance existing debt obligations and improve monthly cash flow by 50%.

Based in Wantagh, NY, MEDFONE, a member of the Inc. 5000 fastest growth companies, employs 150 professionals at its full-service call center exclusively serving the healthcare community. Featuring highly skilled and trained call center client service representatives and state-of-the-art technological systems, MEDFONE solutions are designed to ensure that clients serve their patients more effectively.

“In this economy, even an established company like MEDFONEwith a three-decade track record stillcan encounter difficulty obtaining funding for their business operations and expansion,” said Rohit Arora, co-founder and president of Biz2Credit. “MEDFONE is yet another in a long list of companies who have obtained funding through our network of more than 150 lenders.”

“This infusion of capital will enable us to improve cash flow available for marketing needs and increasing our staffand meet our business objectives,” said Jay S. Moses, President and COO, MEDFONE.“Biz2Credit has been instrumental in identifying an ideal banking partner, and guiding us through the application and account setup process. MEDFONE will now be able to expand our operations and achieve our long-term business objectives.”

About Biz2Credit
Founded in 2007, Biz2Credit (http://www.biz2credit.com) connects small business owners with lenders and service providers, thus empowering them to effectively compete with big businesses, enhance their services and products and grow their enterprises. Biz2Credit matches small businesses with credit solutions based on online profiles that can be completed in less than five minutes in a safe, efficient, price-transparent environment. Its network consists of more than 25,000 users and 100+ lenders, as well as credit rating agencies such as Dun & Bradstreet, and major small business service providers including Dell.

Biz2Credit was ranked among 100 top emerging companies in the U.S. by KPMG in 2008 and the top financing resource by Entrepreneur magazine in 2009. With over $300 million in funding and the company is recognized as the #1 credit resource for small businesses.

About MEDFONE
Established in 1979,MEDFONE (http://www.medfone.com) is a full-service Call Center specializing in comprehensive outsourced calling and web-based solutions for the hospital, hospital network, medical practice, managed care, pharmaceutical and direct marketing segments of the healthcare industry. Ranked among the Inc. 5000 fastest growth companies,MEDFONE has attained industry-wide recognition for its proven track record in customized Call Center operations dedicated to enhancing clients' customer relationship management and customer acquisition capabilities, including inbound and outbound live agent and IVR programs, e-mail management and web solutions.