Banking Built for Doctors,
by Doctors

Whether you’re moving, looking for ways to fund your practice, or you simply want personalized serviced from your banking partner –  Panacea Financial was built for you to remove our unique financial hurdles and allow us to better serve our communities. 

Easy Funding for Trainees and Physicians

Low, fixed rates, with no fees and no cosigner required.

Fast Decisions

Loans funded in as little as 24 hours

Customer Service Around Your Schedule

We're available to help 24 hours a day, 7 days a week.

Dr. G in FloridaResident - Psychiatry
Read More
Panacea makes it easy for Medical students/Residents/Fellows/Attending physicians obtain funding. The loan application process was straight forward and easy to understand. Their fixed interest rates and term structures are innovative and tailored to medical professionals in a way that makes their clients feel like they are truly being taken care of. Highly recommended, from one physician to another!
Dr. W in LouisianaAttending - Family Medicine
Read More
Prompt, professional, no gimmicks, and excellent rates. I was approved and funded in one day. I highly recommend Panacea Financial. Glad I found these guys! Thank you.
Student Doctor T in Florida4th Year Medical Student
Read More
I am a medical student about to graduate. I wanted to pay off some credit card debt. After applying, I received excellent customer service, and can confirm this is a reputable company. Employees were quick to respond and professional. I got my loan quickly at a competitive rate. Overall, I’d highly recommend!
Dr. B in New YorkResident - Internal Medicine
Read More
My personal experience with Panacea is phenomenal! As a financial institution, it is by far the best. I literally mean the best financial institution I have ever dealt with. I have had unexpected expenses and I needed a professional and yet generous lender. The whole process took literally less than 72 hours, very professional, friendly and on spot team.
Dr. H in Rhode IslandAttending - Family Medicine
Read More
As a seasoned physician of 34 years in practice, I have dealt with banks and financing companies since the start of my practice. It was refreshing to deal with Alex K. and the professionalism that he exhibited. The process was smooth, including the signing of my loan documents, and fund distribution. I would urge physicians of all stages to contact Panacea Financial for their financing needs.
Dr. A in FloridaResident - Internal Medicine
Read More
Panacea Financial is unlike any other financial institution I’ve encountered. The online interface is very user friendly and the staff are very responsive and helpful. I truly feel like I’ve joined a family. I would highly recommend their services.
Dr. G in MissouriAttending - Family Medicine
Read More
I paid for most of my living expenses with credit cards while going to school in one of the most expensive cities in the world. The PRN loan is providing me the option to unburden myself of that 20ish% interest and actually have a shot at getting rid of that debt in a reasonable amount of time. Next step - student loans. Excellent company. Easy process. Great communication. I’ll be back.
Dr. H in FloridaResident - Dermatology
Read More
Great experience thus far. We had a complicated financial situation coming out of medical school, worsened by my child's health-related issues, an already financial difficult time was made extraordinary difficult. The PRN loan was able to help us out significantly and they were able to help us out and understand our context of future earning with situation in training.
Dr. B in MassachusettsAttending - Ophthalmology
Read More
I used Panacea to finance ownership in a surgery center. Multiple banks had various ridiculous options for rates or collateral. But Panacea was quick, reliable and fair. I am glad I was referred to them.
Previous
Next
Dr. G in FloridaResident - Psychiatry
Read More
Panacea makes it easy for Medical students/Residents/Fellows/Attending physicians obtain funding. The loan application process was straight forward and easy to understand. Their fixed interest rates and term structures are innovative and tailored to medical professionals in a way that makes their clients feel like they are truly being taken care of. Highly recommended, from one physician to another!
Dr. W in LouisianaAttending - Family Medicine
Read More
Prompt, professional, no gimmicks, and excellent rates. I was approved and funded in one day. I highly recommend Panacea Financial. Glad I found these guys! Thank you.
Student Doctor T in Florida4th Year Medical Student
Read More
I am a medical student about to graduate. I wanted to pay off some credit card debt. After applying, I received excellent customer service, and can confirm this is a reputable company. Employees were quick to respond and professional. I got my loan quickly at a competitive rate. Overall, I’d highly recommend!
Dr. B in New YorkResident - Internal Medicine
Read More
My personal experience with Panacea is phenomenal! As a financial institution, it is by far the best. I literally mean the best financial institution I have ever dealt with. I have had unexpected expenses and I needed a professional and yet generous lender. The whole process took literally less than 72 hours, very professional, friendly and on spot team.
Dr. H in Rhode IslandAttending - Family Medicine
Read More
As a seasoned physician of 34 years in practice, I have dealt with banks and financing companies since the start of my practice. It was refreshing to deal with Alex K. and the professionalism that he exhibited. The process was smooth, including the signing of my loan documents, and fund distribution. I would urge physicians of all stages to contact Panacea Financial for their financing needs.
Dr. A in FloridaResident - Internal Medicine
Read More
Panacea Financial is unlike any other financial institution I’ve encountered. The online interface is very user friendly and the staff are very responsive and helpful. I truly feel like I’ve joined a family. I would highly recommend their services.
Dr. G in MissouriAttending - Family Medicine
Read More
I paid for most of my living expenses with credit cards while going to school in one of the most expensive cities in the world. The PRN loan is providing me the option to unburden myself of that 20ish% interest and actually have a shot at getting rid of that debt in a reasonable amount of time. Next step - student loans. Excellent company. Easy process. Great communication. I’ll be back.
Dr. H in FloridaResident - Dermatology
Read More
Great experience thus far. We had a complicated financial situation coming out of medical school, worsened by my child's health-related issues, an already financial difficult time was made extraordinary difficult. The PRN loan was able to help us out significantly and they were able to help us out and understand our context of future earning with situation in training.
Dr. B in MassachusettsAttending - Ophthalmology
Read More
I used Panacea to finance ownership in a surgery center. Multiple banks had various ridiculous options for rates or collateral. But Panacea was quick, reliable and fair. I am glad I was referred to them.
Previous
Next
Community

At Panacea Financial we believe it is our responsibility and our business to make medicine better

Our nation’s physician workforce plays a pivotal role in population health, economic mobility, and educational outcomes. By making our medical community more diverse we can better address systemic inequities.
We are committed to diversifying our physician workforce through scholarships and grants to underrepresented minority medical trainees as well as funding likeminded organizations.
This is part of our mission, this is who we are. We will make medicine better.
pediatrician checking young patient
Why Us

Greater Access, Freedom and Ability to Serve

medical students in class

Medical Students

We help students become doctors with easy financing to cover life events, credit card bills, residency relocation, and more.

medical students in hallway

Residents & Fellows

No matter where you are in your residency or fellowship, we can help you with your current financial needs and more effectively transition into practice.

attending on the phone

Practicing Physicians

Whether you’re preparing for practice ownership, planning for growth, or debt refinancing, we make it easier and simpler for you.

About Us

Today’s Financial Companies Are in the Way. We’re Going to Change That.

Born of the shared pain and experiences of our founders, Panacea Financial was created by doctors for doctors. We’re dedicated to making financing simpler to understand and easier to access.
Having personally felt the financial strain of being an early-stage medical professional while navigating the complexities of finding fair financing, we’ve designed products and services to address the needs of a market otherwise overlooked by the financial services industry.
In doing so, we hope to help level the playing field by removing one of the greatest barriers to entry — affordability — making medical school and the medical profession more accessible to all
Articles & Insights

Resources for Students & Physicians

Finding the time to research and understand your financial options can be overwhelming. That’s why we’ve compiled some helpful resources to guide you to making well-informed financial decisions.

Here’s to better financial solutions for MDs & DOs

physician with patient and parent