September 16, 2026

Bob Coleman
Founder & Publisher

A Coleman Conversation: Nick Lodovico

In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Nick Lodovico, President of Thomas Financial Group, to discuss the opportunities USDA lending offers banks, borrowers, and rural communities. Nick explains how Thomas Financial Group helps lenders originate, underwrite, package, and close USDA loans, bringing specialized expertise to institutions that may not have an established USDA team. He also breaks down the advantages of USDA’s Business & Industry, REAP, and Community Facilities programs, the types of projects that fit USDA financing, and why SBA lenders may be particularly well positioned to expand into the USDA market.

Watch episode here

Read transcript here (Coleman Premium Members only)

Topics Covered:
✓ How Thomas Financial Group helps banks originate, underwrite, package, and close USDA loans
✓ USDA Business & Industry, REAP, and Community Facilities financing opportunities for rural businesses and communities
✓ The advantages of USDA financing, including larger loan amounts, long amortizations, government guarantees, and strong leverage
✓ Why asset-heavy businesses, real estate projects, hotels, energy projects, manufacturing, and other complex transactions can fit the USDA model
✓ How SBA lenders can leverage their government-guaranteed lending experience to expand into USDA lending
✓ Nick’s journey from Division I soccer and financial planning to building a career in USDA and SBA lending
✓ Thomas Financial Group’s “white glove” approach to helping lenders navigate USDA underwriting, approval, closing, and guarantee compliance