Today, we’re launching Scorecards, a next-generation underwriting and decisioning engine that enables lenders and funders to make instant, consistent, automated credit decisions through no-code technology.
Scorecards is built to eliminate up to 95% manual underwriting workload by turning your credit strategy into a system that evaluates every signal in seconds and applies your logic the same way, every time.
As Onyx IQ’s CEO Jay Keller noted during early previews:
“The Scorecard/Rule based engine is a defining shift for modern underwriting. We’ve eliminated the technical barrier between credit strategy and execution—lenders can now deploy enterprise-grade decisioning logic in minutes, without writing a single line of code.”
Scorecards is now live for all OnyxIQ customers.
In the sections ahead, you’ll see exactly how it works and where it creates the biggest operational impact.
When Growth Arrives Faster Than Your Underwriting Can Handle It
Most lenders hit the same breaking point: as application volume rises, underwriting becomes the bottleneck. Files stack up, decisions drift between underwriters, and small recalculations start to slow everything else down.
Cycle time stretches not because underwriters make slow decisions, but because the workflow around those decisions is manual, repetitive, and dependent on individual interpretation. As volume accelerates, every inefficiency becomes visible.
Onyx IQ Scorecards remove these points of friction by automating the work that slows teams down—so they can keep pace with demand and maintain consistent policy enforcement at higher throughput.
With Onyx IQ Scorecards, Decisions Don’t Take Days—They Take Seconds
Scorecards bring real-time decisioning directly into the underwriting workflow.
Underwriters run the engine on any application, and Scorecards evaluate every credit signal—FICO, bank activity, industry codes, owner details, and risk indicators—in a single pass.
Each rule, threshold, and data point is processed instantly, producing decisions built around your strategy instead of rigid templates.
Because Scorecards automates the work that typically slows teams down, it eliminates the majority of manual steps behind underwriting and offer generation. Offers appear on the spot with clean terms and accurate pricing, without jumping between scattered tools to rebuild or verify the logic.
What once required hours of repetitive review becomes a seconds-long workflow, giving teams the output of a far larger operation without adding headcount.
The result is a structured, predictable process: one system, one logic path, and one decision framework consistently applied across the team.
Inside Onyx IQ Scorecards: How Automation Replaces the Work That Slows Underwriting Down
Scorecards evaluate the full credit picture automatically—running your rules, applying your thresholds, and generating ready-to-use decisions and offers built around your strategy.
Instead of assembling data across different tools or translating policy manually, teams get outcomes that are fast, consistent, and fully traceable.
The Core Capabilities Behind Onyx IQ Scorecards
Adaptive Rules
Create unlimited rule sets that evaluate FICO, credit and background checks, bank data, industry codes, risk signals, owner-level details, and more—all in real time.
→ Fewer overrides. Zero guesswork. Consistent decisions.
Instant Decisioning
Automatically return Approve, Decline, or Modified Terms based on your configured risk logic.
→ Watch underwriting drop from hours to seconds.
Dynamic Offer Generation
Generate complete offers instantly—including buy rates, terms, fees, and payback—and update them in real-time as score inputs change.
→ Eliminate errors and make underwriting consistent across teams.
Risk-Based Modifiers
Adjust pricing or terms automatically based on industry safety, FICO tiers, or other risk factors.
→ Tighten credit decisions while approving more deals safely.
Scenario Testing
Change a single field—FICO, industry, owner—and watch Scorecards recalculate the entire offer instantly.
→ Ideal for standardizing overrides and optimizing credit policy.
The Scorecards Flow: From Rules to Decisions in One Click
1. Configure Your Rules
Define score ranges, set logic, and create decision rules. All no-code and fully under your control.
2. Run Scorecard
Apply it to any application with a single click.
3. Get Instant Results
Decline → with clear reasons.
Approve → with clean, ready-to-use offers.
Modify → based on risk, industry, or custom parameters.
4. Deploy and Refine
Update any rule and roll out changes instantly across your team.
What Makes Alternative Lenders Love Scorecards: Speed, Clarity, and a Predictable Decision Flow
Speed That Changes the Game
Underwrite in seconds instead of days. Funders and lenders that delay automation eventually fall behind teams operating at real-time speed.
Consistency You Can Trust
If FICO is X, industry is Y, and debt is Z, Scorecards return the same logic every time.
Your strategy is enforced automatically, without interpretation drift or one-off decisions.
Fewer People. More Output
Teams using Onyx cut manual steps by up to 90%, based on internal operational benchmarks across lending workflows. That’s how 20 people operate at the scale of 150 without compromising control or oversight.
Offers That Sell Themselves
Instant recommendations. Dynamic pricing. Clear decline reasons.
Brokers get fast, accurate answers, and lenders get cleaner, more consistent offer structures.
Built for Any Lending Model
From MCA to term loans, SBA, and equipment leasing, Scorecards supports the decision frameworks lenders rely on today—and adapts as their product set evolves.
A Credit Scorecards Decisioning Engine Shaped by People Who’ve Underwritten Thousands of Deals
The industry is shifting fast. Borrowers expect immediate answers, investors expect clean logic, and regulators expect decisions that are consistent and traceable. Scorecards gives lenders a system built for this reality, removing manual bottlenecks and delivering real-time, repeatable decisions shaped by operators who understand where underwriting slows down.
As Jay explains,
“Lenders that still rely on manual underwriting simply won’t compete in a real-time market. Scorecards and our rule-based decision engine give lenders instant automation, consistency, and control over every credit decision.” — Jay Keller, CEO of Onyx IQ
Scorecards was built by people who’ve underwritten thousands of deals and know exactly where delays, exceptions, and inconsistencies erode performance. In a market moving toward automation, the teams who adopt systems like Scorecards now will be the ones setting the pace—not catching up to it.
> Want to see how teams cut 90% of manual work? Book a demo with our team and discover the power of Scorecards.
