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PERSONAL LOANS

For Veterinarians. Made Easy.

Dentists can get up to $50,000 at rates less than half the average credit card rate! Panacea has supported doctors with over half a billion dollars in financing to date.

No hard credit check required.

Quick
Funding

No
Cosigner

Reduced
Payments

No Prepayment
Penalties

How Can A PRN Personal Loan Help?

We get it. We are doctors too. And we know that doctors deserve better than being forced to use high-interest debt. With rates less than half the average credit card rate and quick funding, a PRN Personal Loan can help you with:

Home Improvements
Credit Card Consolidation
Unexpected Life Events

Relocation

No hard credit check required.

Home Improvements
Credit Card Consolidation
Unexpected Life Events

Relocation

Dr. G

Missouri

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.

Get To What Matters Faster & Easier

4th Year Veterinary Students

  • No payments for 1 year
  • Reduced payments during training²
  • No cosigner required
  • No prepayment penalty
  • Perfect for interviews, board exams and moving!

Borrow up to:

$10,000

Veterinary Residents & Graduate Students

  • Reduced interest-only payments while in training³
  • No cosigner required
  • No prepayment penalty
  • Perfect for career transitions, moving, or cleaning up toxic debt!

Borrow up to:

$20,000

Practicing Veterinarian

  • Interest-only payments during first 6 months of loan⁴
  • No cosigner required
  • No prepayment penalty
  • Interest-only payments during first 6 months of loan for recent grads or an interruption in practice⁴
  • Perfect for relocations, life events, or home improvements!

Borrow up to:

$50,000

No hard credit check required.

See How Much You Can Save

Using a lower-rate personal loan can save you thousands when compared to a credit card. Don’t take our word for it. Run the numbers yourself with our Personal Loan Vs. Credit Card Calculator.

FAQs

What can I use a Veterinary PRN Loan for?

A PRN Personal Loan* for Veterinarians is exactly what it means — your money, as needed. Our PRN Loan for Veterinarians can be used for whatever personal expenses may arise. We designed this personal loan product with the mindset that it can help pay for, but not be limited to, interviews, relocation, board examination fees, or to consolidate high interest rate credit card debt.

* PRN Personal Loans cannot be used to pay existing or future educational debt.

Why don’t I need a cosigner for a PRN Loan?

We don’t require a cosigner for a PRN Personal Loan for Veterinarians because we know you are trustworthy and deserve to be treated like an adult. Traditional banks don’t understand the financial lifecycle of doctors, which is why they can ask for co-signers in order to get access to their loans.

Who’s eligible for PRN Personal Loans?

To be eligible for a Veterinary PRN Loan, you must be U.S. citizen or permanent resident and one of the following:

  • A 4th year student (In-School PRN) in an accredited U.S. based medical, dental, or veterinary school OR
  • A resident, fellow, or graduate student (In-Training PRN) after graduation with a MD, DO, DDS, DMD, DVM, VMD, or DPM degree OR
  • An independent practicing physician, dentist, or veterinarian (In-Practice PRN) with an active healthcare license.

When does my repayment start?

If you are not a student, your first payment will be due 30 days after receiving your loan. You can tell us what day of the month you’d like to make payments on. 

​​Can I apply for a PRN Loan if I already have a personal loan?

Yes! We set maximum borrower amounts based on your current status: In-School, In-Training, or In-Practice. You can borrow up to the maximum amount for your status. For students that’s $10,000, for residents/trainees, it’s $20,000, and for practicing doctors it’s $50,000. If you take out less than this amount, and find you need more later, your Primary Care Banker will help you re-apply.

No hard credit check required.

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Details & Requirements

  • Copy of most recent Transcript, and
  • Picture of medical / podiatry school or hospital ID badge, and
  • No adverse credit events⁵
  • Minimum loan amount: $1,000; maximum: $10,000
  • US citizenship or permanent residency
  • Attending accredited US-based allopathic or osteopathic medical school, or podiatry school

Details & Requirements

  • Most recent pay stub, or if you have not been paid yet your Medical or Podiatry School Diploma, and
  • Copy of residency / fellowship contract, and
  • Active medical or podiatry trainee license in good standing, and
  • No adverse credit event⁵
  • Minimum loan amount: $1,000; maximum $20,000
  • US citizenship or permanent residency

Details & Requirements

  • Proof of income as a physician
  • W2 or 1099 or Personal Tax Returns or equivalent
  • Active medical or podiatry license in good standing
  • No adverse credit events⁵
  • Minimum loan amount: $1,000; maximum: $50,000
  • US citizenship or permanent residency

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