Panacea Practice Solutions

Lending and banking services for your practice needs — designed by doctors, for doctors.

Panacea Practice Solutions

Lending and banking services for your practice needs — designed by doctors, for doctors.

Start, Build & Grow Your Practice

The Panacea Practice Solutions team is here to help you accelerate your practice through specialized credit structures, competitive pricing, and experienced advice as you start, build, and grow your practice.

We understand the busy schedule of a doctor, because we are doctors. That is why we have developed a fully digital application designed to streamline the application process and are committed to providing expedited credit decisions that you won’t experience at traditional banks.

Digitally streamlined application process
Fast credit decisions from dedicated industry experts
24/7 availability of our Concierge Desk
Digitally streamlined application process
Fast credit decisions from dedicated industry experts
24/7 availability of our Concierge Desk

Start, Build & Grow Your Practice

The Panacea Practice Solutions team is here to help you accelerate your practice through specialized credit structures, competitive pricing, and experienced advice as you start, build, and grow your practice.


We understand the busy the schedule of a doctor, because we are doctors. That is why we have developed a fully digital application designed to streamline the application process and are committed to providing expedited credit decisions that you won’t experience at traditional banks.

Digitally streamlined application process
Fast credit decisions from dedicated industry experts
24/7 availability of our Concierge Desk
Business Mobile App & Debit Card

Practice Loans

Loan Products For Physicians, Dentists, and Veterinarians

Loan Products For Physicians, Dentists, and Veterinarians

Partnership

Ready to become a partner and equity owner in your practice, but don’t have the cash to buy-in? We can help.

Acquisition

Acquiring an established practice can help provide the scale and growth you need to accelerate your business goals with the existing patient base, location, equipment, and staff. We can help facilitate your acquisition plans.

Expansion / Relocation

Have you outgrown your current location, need to remodel or upgrade your existing facility or ready to expand your practice with a satellite location.

Refinance / Consolidation

Improve your practice’s cash flow by taking advantage of the current low interest rates by refinancing or consolidating your existing debt.

Commercial Real Estate Financing

Ready to purchase your own building for your practice!  Buying a building has many moving parts, let our experts get you a pre-approval letter for the sellers broker and approve you quickly when the offer is accepted.  Or refinance your current Real Estate note to improve your cash flow.

Owner Occupied Commercial Real Estate

Investor Commercial Real Estate

Equipment

Let us help you improve the efficiency and overall profitability of your practice with upgrading or purchasing new equipment or technology.

Line of Credit

Help bridge the gap of operating expenses, inventory purchases, or working capital needs with a line of credit tailored to your needs.

Working Capital

Need a quick cash injection to help your business grow, take a look at our working capital loan options.

General requirements

General requirements

FAQs

U.S Citizens or Permanent residents who are:

      • Enrolled full time in a U.S-based accredited medical school in their fourth year
      • Working in a U.S. medical residency or fellowship
      • Working as an attending physician with an active license in good standing
  • Yes you can. You can even have multiple PRN Personal loans with Panacea. We set maximum borrower amounts based on your current status: fourth-year student, in residency/fellowship, or attending physician. You can borrow up to the maximum amount for your status. For students that’s $15,000, for residents/fellows, it’s $30,000, and for attendings it’s $75,000. 

For any number of reasons! Many use our PRN Personal loan for doctors to refinance toxic credit cards, pay for moving expenses, home renovations, or any unexpected life cost like healthcare bills!  It's PRN - your money, as needed. No one should borrow more than they need but doctors should have a healthier option of debt instead of depending on credit cards or borrowing from friends or family.

  • We don’t require a cosigner for a PRN physician personal loan because we know you are trustworthy and deserve to be treated like an adult. Traditional banks don’t understand that which is why they can ask for co-signers in order to offer their lowest rates.
  • The application process takes less than eight minutes online. And if you choose a Panacea Checking account, you can get your funds in as little as 24 hours.
  • As a medical student, you don't have to make payments for one full year! Then you'll pay interest only while in residency.
  • As a resident or fellow, you'll only pay the interest on your loan for the first few years, depending on your term.
  • As an attending, you'll only have to pay the interest for the first 6 months, then your full payments will start.

Here’s to better financial solutions for physicians, dentists, and veterinarians