The American Association of Orthodontists has endorsed Panacea Financial to offer members exclusive rate discounts and zero origination fees on practice and personal loans.
The American Association of Orthodontists (AAO) has selected Panacea Financial as its endorsed practice finance lender. Through this partnership, AAO members receive exclusive pricing, including a 0.25% rate discount and zero origination fees on practice and personal loans applied after underwriting.
Financing Across the Career Lifecycle
The endorsed program provides financing options for various stages of practice ownership, including startups, acquisitions, expansions, equipment purchases, commercial real estate, and working capital. The platform offers a single lending relationship from residency through multi-location ownership.
“Orthodontists assume one of the most financially demanding paths in healthcare,” says Michael Jerkins, MD, MEd, president and co-founder of Panacea Financial, in a release. “From dental school, to a highly competitive and expensive residency, much of it self-funded through student loans. By the time an orthodontist is ready to open or acquire a practice, they may be carrying $500,000 to $700,000 in educational debt. Panacea Financial is built by doctors who understand that trajectory, and the AAO endorsement tells orthodontists that they don’t have to take that on faith.”
Evaluating the Partnership
The AAO, which represents more than 19,000 orthodontist members in North America, established the partnership following a request-for-proposal process and multi-month review.
“Our members invest years and significant resources to become orthodontic specialists. When we looked for a practice finance partner, we applied the same due diligence we’d expect our members to bring to any major financial decision. We evaluated candidates rigorously, vetted their underwriting approach, and assessed alignment with member interests at every stage,” says Michael Durbin, president of the American Association of Orthodontists, in a release. “Panacea Financial stood out as a lender that was built by doctors and designed around the financial trajectory of a healthcare career. This endorsement reflects that work.”
Member Access and Availability
The member benefit is currently available. AAO members can verify their membership status when applying for the discounted rates through the Panacea Financial website.
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