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AFS Earns Spot on Inc. 5000 List Two Years in a Row

HAMPTON ROADS, VA, September 7, 2011Accelerated Financial Solutions (AFS), a Portsmouth, VA, financial services company, announced today that the company was selected by Inc. Magazine’s for the Inc. 5000 list of fastest growing private companies. This is the second year in a row that AFS earned a spot on the Inc. 5000.

AFS grew 75% and almost doubled in employee size between 2007-2010, the time period that Inc. Magazine measured companies’ growth for the Inc. 5000. AFS also ranked #138 among financial services companies and was in the top five of Virginia’s financial services companies.

“Growing a business in today’s economic climate is extremely challenging,” said Josh Tawes, AFS CEO. “Making the Inc. 5000 list a second time and sustaining growth at 75% for three straight years are tributes to the diligence and commitment of the entire AFS team.”

Noted in the industry for its commitment to customer service and high caliber of employees, the company only recruits and hires professionals dedicated to treating every person they contact with dignity and respect.

Founded in 2004 and headquartered in Portsmouth, AFS focuses on debt recovery and management. After years of steady growth, in 2010 the company expanded its operations, opening a second location in Smithfield, VA, and adding an additional 20 employees.

“When we opened our Smithfield office, we knew a second location was just another step in expanding our company,” said Anthony Stile, CEO for AFS. “Anticipating steady growth this year and in 2012, we plan to make the Inc. 5000 list again next year, too.”

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders.

About Accelerated Financial Solutions

Accelerated Financial Solutions, LLC, is a financial services company providing advanced recovery solutions in the distressed receivables market. The company, founded in 2004 and based in Portsmouth, VA, is focused on all aspects of debt management, from paper purchasing and debt sales to contingency collections, debt recovery, and call center consulting.