News and Events


YMCA Festival of Trees Gets Boost from AFS


CHESAPEAKE VA. Accelerated Financial Solutions (AFS), a Portsmouth, Va., financial services company, was a Platinum Sponsor
for the 2009 Luter Family YMCA Festival of Trees, helping the organization surpass its goal for the event.

“AFS’s Platinum Sponsorship helped the YMCA exceed its net goal of $13,500,” said Pete Kovalcik, Branch YMCA Director. “Through the generosity of supporters like AFS, resources continue to be available to many people in their time of need.”

“Proceeds from the Festival of Trees will go to the YMCA’s Strong Communities scholarship campaign,” said Josh Tawes. “That money will finance scholarships for children, adults and families to participate in youth sports, health and fitness programs, after­school childcare, swimming lessons, and the YMCA’s back­to­school shopping program.”

“Because families are important at AFS, we gladly support the YMCA and the great programs they offer families in our area,” said Anthony Stile, Chief Operating Officer for AFS. “We were pleased to play a part in the YMCA’s successful Festival of Trees’ event.”

For the holiday benefit, community organizations throughout the Hampton Roads area decorated Christmas trees for display at the Smithfield Center. The trees, along with other items, were auctioned off with funds going to the YMCA.

Accelerated Financial Solutions

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