Panacea's innovative approach: Elevating cocktails with financial foresight

Blending creativity with financial strategy

Launching a unique cocktail venue in Auckland's competitive hospitality landscape is no small feat. For Dany Dentith and the team behind award-winning Panacea, the vision was clear: craft an unparalleled cocktail experience that challenges traditional bar norms.

However, turning this vision into reality required not just creativity but also astute financial planning.

Navigating startup challenges

"Starting up was at times a little overwhelming, especially when considering the finer details when it comes to finance," Dany recalls.

Establishing a new bar involves significant upfront costs—specialised equipment like refrigeration units, glass washers, and other essentials can strain initial budgets. 

Recognising these challenges, Panacea sought a financial solution that offered flexibility without compromising their creative ambitions.

"From the beginning, SilverChef believed in our unique concept and provided the flexible financing we needed to bring Panacea to life. Their support was crucial in turning our dream into a reality," notes Dany.

Partnering with SilverChef for flexible financing

SilverChef's Rent–Try–Buy allowed Panacea to acquire necessary equipment with manageable weekly payments. This approach ensured that cash flow remained steady, enabling the team to focus on delivering exceptional service from day one.

"With SilverChef in our corner, I'm absolutely thrilled about the future. With their support, we’ll be able to continue on our journey and change the way people think about cocktails and how we experience them," Dany explains.

Realising the vision

With financial pressures alleviated, Panacea's team could concentrate on perfecting their craft. The bar's unique concept set it apart in Auckland's vibrant scene and they are consistently being rewarding for it! Receiving multiple Lewisham awards over the years, including Outstanding Cocktail Experience in 2025. 

SilverChef's support was instrumental in bringing this innovative idea to life, providing the tools needed without the burden of hefty initial investments.

Looking ahead

Today, Panacea stands as a testament to what can be achieved when creativity meets strategic financial planning. The bar has carved out a niche for itself, offering patrons an experience that's both novel and memorable.

As they look to the future, the team remains committed to innovation, confident that with partners like SilverChef, they can continue to push boundaries in New Zealand's hospitality industry.

If you're inspired to embark on your own hospitality journey, consider how SilverChef can help turn your vision into reality. Learn more about our finance options today.