24. Is there a ban on political parties taking loans in relation to election campaigns?

Código Electoral de la República de Panamá
Artículo 180: 
Fuentes de financiamiento. Los partidos políticos pueden utilizar, para financiar la propaganda electoral y gastos de campaña, los financiamientos interinos siguientes:
1. Préstamos de entidades bancarias que operan en Panamá.
2. Préstamos de empresas que operan en Panamá y que, sin ser bancos, puedan, según su pacto social y su permiso de operación, otorgar financiamiento a entidades privadas como los partidos políticos.
3. Cartas de crédito para proveedores del exterior, expedidas por entidades bancarias que operan en Panamá.
4. Crédito de proveedores que operan en Panamá, cuya actividad guarde relación con las actividades que pretende realizar el partido político.

Article 180: 
Sources of Financing. Political parties may use the following financing sources to finance electoral propaganda and campaign expenses:
1. Loans from banking institutions operating in Panama.
2. Loans from non-bank companies operating in Panama that, according to their articles of incorporation and operating permits, are authorized to provide financing to private entities such as political parties.
3. Letters of credit for foreign suppliers, issued by banking institutions operating in Panama.
4. Credit from suppliers operating in Panama, whose activities are related to the activities that the political party intends to carry out.

Unofficial English translation.

Regulations state that loans may be obtained by political parties.