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Finova got involved in the company's activities in 1995, offering a $35 million line of credit to finance Thaxton Group's lending.
By 1998, the suit says, Finova was making major business decisions for Thaxton.
That culminated in a joint venture, called Berkadia, which provided $8.1 billion in financing for Finova in a bankruptcy reorganization in 2001.
He was found dead in his garage in December 2003.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Consumer Portfolio Services | 1991 | $393.5M | 1,032 | - |
| Berkshire Insurance Group | - | $49.9M | 150 | - |
| luso-1 | 1957 | $12.8M | 20 | - |
| BCH | - | $8.5M | 70 | 9 |
| USI Insurance Services | 1994 | $8.2B | 8,290 | 2 |
| National Business Association | 1982 | $999,999 | 50 | - |
| Nicholson & Associates | - | $460,000 | 3 | - |
| Gulfstream Insurance Group | - | $750,000 | 9 | - |
| TWG Holdings, Inc. | - | $1.3B | 2,300 | 11 |
| NEW ENGLAND LIFE INSURANCE CO | 1980 | $1.8B | 3,000 | - |
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The Thaxton Group Inc may also be known as or be related to THAXTON GROUP INC and The Thaxton Group Inc.