Saturday, November 7, 2026 · Customer reviews of US businesses
The Fair Hearing score
Excellent
589 reviews
Panacea FinancialSelect a line to read only those reviews.
Honesty, pricing, process and quality scores appear once 5 customers have rated them.
At our core, we are a nationwide financial services company, 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 partnered with Primis Bank for our banking products, a publicly traded and state chartered member of the FDIC.
Panacea Financial (panaceafinancial.com) has 589 customer reviews on The Fair Hearing, with an average rating of 4.9 out of 5.
589 approved reviews, newest moderated first
The process for PRN loan was quick and seamless. My banker Alex, as well all the staff that I spoke with regarding my application was accommodating and helpful. In less than a week, I was able to get the funds. It would have been faster if not for some delay on my part (ie submitting documents and my credit freeze that I have to lift). It is also helpful that the concierge is available 24/7. It worked well with my schedule.
By DAMD
Great experience My banker was Parker and they are very prompt on answering my questions and concerns. Whole process was very quick and easy. First time taking a loan and I am very glad I chose Panacea!
By Dina
Excellent experience! As a new private practice physician with personal loans needing consolidation, Panacea has been quick and efficient in helping my wife and I organize our finances! Would recommend 5/5 to any fellow young physicians out there.
By RD
Panacea Financial definitely stands by their slogan of "Banking built for doctors, by doctors". I cannot say enough of Alex Kugler, my Primary Care Banker, he went above and beyond to assist me during the lending process, was understanding of my unusual circumstances, and made himself available 24/7 through email, phone calls and even text messages! I have never had such a pleasant and easy banking experience, and will definitely do business with Panacea Financial in the future.
By Tina
I can’t recommend Panacea enough for other residents in need money for debt consolidation, major life changes, etc. They were straightforward and the process was simple. My personal banker Parker was always available to answer questions both via email and phone!
By Andrew P.
My credit score was the lowest it has ever been. Taking out a personal loan with Panacea to consolidate my high interest credit card balances was the best decision I made. My application was being processed even on weekend days. My balance was approved by the end of the week. This is the bank made by physicians for physicians because they understand how demanding our job is and make the process as painless as possible.
By FamMedDoc
Panacea financial has been a life saver over the past year especially given the hardships faced during this pandemic. Getting loans from Panacea to help with my transition from medical school to residency was one of the easiest financial transactions I have done. The application can be filled in no time. The interest rates are quite reasonable. The bankers, especially, Alex Kugler, have been fantastic. Moreover, the turn around time for disbursement of funds is remarkably quick. Medical professionals everywhere should certainly turn to Panacea first for all their small-medium loan needs. Great resource for students/professionals with urgent financial needs!
By Edward C.
It was so easy! Every step was so polished and moved like a well oiled machine. This seems like everything banking SHOULD be, but isn't.
By Mat G.
