Panacea Financial banking and lending

Banking built for doctors

From training through practice ownership, physicians face financial realities that most banks simply are not built to support. That’s why the AMA teamed up with Panacea Financial to help you navigate financial decisions at every stage of your career—from career transitions to practice ownership and expansion. 

Founded by doctors, Panacea delivers a fundamentally different financing experience for physicians. You get a dedicated banker backed by a healthcare-specialized team—working together from first conversation through close to structure flexible, workable solutions as your needs evolve. 

Program benefits

As an AMA member, you receive exclusive member benefits from Panacea Financial: 

• 0.25% rate discount on practice and personal loans* 
• $0 origination fees on practice loans, applied after underwriting*

Financial solutions for physicians and practices 

For physicians navigating training and early career transitions, Panacea’s PRN Personal Loan can help cover expenses like relocation, licensing and board examination fees, debt consolidation and other major life events without requiring a cosigner. 

For physicians pursuing practice ownership and growth, Panacea provides specialized financing for:

• Practice acquisitions 
• Startups 
• Expansion 
• Equipment 
• Commercial real estate 
• Partner buy-ins 

How to access your member benefit 

Visit the Panacea AMA member benefits page and follow these steps:

For practice financing loans

1. Visit the Panacea AMA member benefits page and click "Get Practice Financing."
2. Fill in the contact form with your information and practice financing needs.
3. You will then be contacted to schedule time with a Regional Healthcare Manager (RHM) who will discuss your needs and walk you through the process and the paperwork required.
4. During your meeting, let the RHM know that you are an AMA member and eligible for the discount.

For personal loans

1. Visit the Panacea AMA member benefits page and click "Get A Personal Loan."
2. Select the stage of your medical career you are in now from the list of available options. 
3. Fill out the application. You'll need your driver's license, Social Security number, and basic information about your personal background and medical training. Most applicants finish in under five minutes.
4. Your Primary Care Banker will reach out to you. Be sure to let them know you are an AMA member to be eligible for a discount.

Support

Didn't find the answer you're looking for? For questions or support with your Panacea financing or account needs, access the online contact form or call (833) 472-6223. Panacea support is available 24 hours a day, 7 days a week.

For questions regarding your AMA membership or technical issues with signing in to access this offer, please contact the AMA United Service Center directly at (800) 262-3211, Monday-Friday, 8 a.m.-4:45 p.m. Central.

Program disclaimer

*0.25% rate discount for PRN personal loan and 0.25% discount and $0 origination fees on practice loans: Terms and conditions apply. Offer good for new customers only and subject to lender approval. To receive the offer, you must: (1) complete a loan application with Panacea Financial within 30 days of your application submit date, (2) meet Panacea Financial underwriting criteria, and (3) be an active AMA member in good standing. Once these conditions are met and the loan is approved, the interest rate shown in the Final Disclosure Statement will include an additional 0.25% rate discount as a Panacea Financial benefit available to AMA members at the time of loan origination. Offer good for new customers only. Cannot be combined with other rate discounts, with the exception of the 0.50% AutoPay rate discount. Panacea Financial reserves the right to change or terminate the Rate Discount Program to unenrolled participants at any time with or without notice. Offer subject to change. 

Panacea Financial is a division of Primis Bank. Member FDIC 

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