Panacea Financial

3604 Kavanaugh Boulevard, 72205, Little Rock, United States
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4.90
Based on 20 Reviews

5

90.00%

4

10.00%

3

0.00%

2

0.00%

1

0.00%
About Panacea Financial

At our core, we are a nationwide digital bank, formed out of passion for improving the lives of medical professionals. Panacea Financial is a company founded by physicians offering a full suite of banking services to physicians, dentists, veterinarians and podiatrists at all stages of their career. Our founding partners and advisory board have decades of experience as practicing physicians and within the finance industry and as a result, we recognize the unique challenges doctors have with traditional lenders. We are a Division of Primis Bank, a publicly traded and state chartered member of the FDIC.

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Hannah
GB

Great where it counts, online banking interface for managing loans needs work I used Panacea for a PRN loan to facilitate a move between residency and my first attending job. The application process was simple and the dispersal was prompt. My banker was very communicative and supportive, which was also excellent. Obviously the interest rates are high (they always are for this type of loan), but I found them to be competitive with many of the other services offering PRN loans. The major delta I have is the online interface, which is pretty clunky (layout is not intuitive, some of the functions such as verifying external accounts for transfer just do not work). Ultimately I would recommend Panacea to folks who need it and would use them again should the need arise in the future.

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MQD
GB

Great experience! Very thankful for this opportunity especially as a first year resident still trying to make ends meet. The whole process of obtaining the loan was very easy especially with the help of Parker!

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Dr M in Florida
GB

Dr M in Florida I am glad that I was introduce to Panacea Financial. When other banks rejected me, they gave me a chance. They were not judgmental, but their goal was to get me the funds so that I can start with my project. Everyone was so organized and worked fast. From start to finish, the credit team(Jo Ann), closing team(Shannon) and banker(Elie) all were professional, respectful and knowledgeable of what they were doing. A special thanks to Logan. I would definitely recommend Panacea Financial to to my colleagues.

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Jan Michael Racoma
GB

Helping Health Care Professions As a medical doctor, it is nice to have a banking company that knows the needs of clients they are trying to serve. I have used their services twice for short term loans and both times they delivered quick, secure and reliable service. We need to continue supporting services that target health care professionals and our unique needs and situations. Thank you, Panacea Financial!

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Maye Mohamed
GB

Great experience From the start my Primary Care Banker Alex made the process easy and worked with me to find a plan going forward that fits my life and budget. He helped me through the refinancing process step by step. He checked on me through the years and made sure I was still on track. There are no hidden fines or fees, very straightforward.

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