AKUA Mind & Body

Akua Mind & Body provides rehabilitation and detox treatment programs for individuals.

Location: Newport Beach, CA
  • SBA 504 loan
  • Allowed for business expansion and additional growth
  • Business line of credit to support revenue model
  • Closing time exceeded client expectations

Company Profile

Akua Mind & Body provides rehabilitation and detox treatment programs for individuals. Their integrative treatment approach combines mind, body and spirit in a holistic therapeutic model. Akua provides the highest quality care throughout the entire process, whether patients are residential or outpatient. Each level of care is individualized, and unique treatment plans are customized to the person. This can include gender specific treatment programs that cater to the individual need to keep the focus on recovery. Combining psychotherapy, meditation, self-help groups, life purpose coaching, trauma therapy as well as acupuncture and yoga or physical activity as part of the overall integration for care.

 

Kenny Dewan, is the founder of AKUA Mind & Body and of MondayOne. Kenny is an accomplished leader, motivational speaker, and a business executive. With over 28 years of business and leadership experience. With the assistance of the best clinical team in California, Kenny has created an open, collaborative culture at AKUA, which has directly translated into an environment of health and healing for all clients. AKUA become a Leader in Mental Health & Addiction Treatment.

Business Growth

Founded in 2014, the business has grown to multiple locations, serving Southern California, serving hundreds of patients and managed by a team of nearly 35 clinical professionals a as well as a team of admissions, outreach and operational management professionals.

Client’s Experience

“It has been a pleasure to work with Private Business Capital. The entire team is smart and experienced in commercial lending. The bank always provided us clarity in the Underwriting Process. I look forward to growing our business with Private Business Capital and the CalPrivate Bank team.”

 

– Kenny Dewan, AKUA Mind & Body

PB Capital Lending Solutions

As a health care provider, a majority of services provided are invoiced with health insurance claims and many with large insurance companies. The Revenue Cycle Management is the key to the business model as a professional business. Akua Mind & Body was looking for a business line of credit with a bank that would understand the revenue cycle with claims and billing.

 

Kenny Dewan shared his experience and need for a new banking solution. “The team at PB Capital invested the time to understand our business. They gave us a credit line after completing their underwriting, and a 3rd party did a CPA Audit. We previously had worked with a few larger banks who could not do a credit line because they did not Invest the time to understand our business and revenue cycle of billing and claims.”

Private Business Capital is a Division of CalPrivate Bank

Founded in 2006, CalPrivate Bank is committed to offering customized financial solutions. Offering a wide array of modern financial services, which include checking, savings, time deposit accounts, treasury management and related tools. CalPrivate Bank is driven by Relationships, Solutions and Trust.