Loan Origination Software for MCA and Alternative Lenders

Every handoff gives another funder time to win the deal

A disconnected stack

Every time a deal has to move from one system to another, your team loses time. Information gets passed between email, underwriting, contracts, and funding tools, and it becomes harder to see who owns the next step.

One connected platform

Onyx IQ keeps the whole deal in one place from submission through funding, so your team can keep it moving, respond faster, and reduce the chances of losing the deal to another funder.

AI Submission Intake

Handle more submissions without adding a data-entry team

Onyx IQ's submission-intake AI reads every application and bank statement the moment it arrives and builds the deal record on its own. Your underwriters open a complete, structured file instead of waiting on manual entry.

Process more submissions with the same team

Start underwriting sooner

See deposits, existing positions, and stacking before review

Catch renewals and repeat submissions against your current book

Onyx IQ reads a submission and builds the deal record

Let ISOs keep submitting the way they already do

Your ISOs do not need to learn a new process. Whether a deal comes through email or a manual upload, Onyx IQ reads the documents and builds the record.

Most-used

Two-way email

ISOs send deals to your submissions inbox as usual. The email and attachments land inside Onyx IQ automatically, and the submission-intake AI reads them into a deal record while your team replies without leaving the platform.

Manual upload

For deals that arrive another way, your team uploads the documents to a new file, and the submission-intake AI reads them and fills the application in seconds.

However the deal arrives, your team avoids the data entry and underwriting starts sooner.

Underwriting

Make every deal follow the same credit policy, automatically

Onyx IQ turns your credit policy into rules and runs every submission through them in seconds. Your team makes faster, more consistent decisions without reviewing every file by hand.

Scorecard settings

Approve

Deals that meet your rules move straight to an offer without using underwriter time.

Refer

Borderline deals go to your team for the judgment call.

Decline

Deals below your thresholds decline automatically, and the ISO is notified.

Your head of credit can change scorecards in a no-code editor, so new rules apply to the next submission without waiting on engineering.

See the Scorecard and Decisioning Engine →

Contracts

Get signed contracts back faster without creating compliance risk

Onyx IQ generates the merchant agreement and required state disclosures, sends them for signature, and files the signed copies back to the deal. Your team moves faster without building contract packets or checking every state requirement by hand.

Generate merchant agreements automatically

Apply the correct state disclosures

Send documents for signature in the platform

Keep signed copies attached to the deal

Built-in e-signature

Onyx IQ has its own e-sign tool, SignIQ, so you grow contract volume without paying by the envelope

SignIQ sends contracts for signature and files the completed copies back to the deal automatically. It is priced per user with unlimited envelopes, so sending more contracts does not raise your bill the way a per-envelope tool does.

Renewals

Fund repeat merchants faster using the history you already have

Onyx IQ recognizes returning merchants and brings their prior deals and payment history into the new file. Your team can make the renewal decision faster and calculate the exact payoff and disbursement without rebuilding the deal.

Recognize renewals without creating a new client record

Review past funding and payment performance in one place

Calculate internal balances and third-party payoffs automatically

Send the correct disbursement without spreadsheet math

One AI-powered lending platform

Loan origination is one solution inside the Onyx IQ lending platform

Once a deal is funded, the same record carries into portfolio management, servicing, collections, syndication, and reporting. Your team keeps working from the same balances, payment history, documents, and audit trail, so there is no second setup, no data re-entry, and no handoff between disconnected systems.

Origination Move deals from submission to funding faster

AI submission intake Underwriting and credit decisioning Approvals and ISO portal Contracts and e-signature Funding Renewals and payoffs

Portfolio See and manage your full book in real time

Deal management Dashboards Portfolio reporting

Syndication Manage partner capital without spreadsheets

Participant management Automated splits Commissions

Servicing and collections Keep payments and recoveries moving

ACH processing Payment management Failed-payment workflows Collections automation

“We highly recommend it to any company looking to streamline their workflow, track payments and syndications, automate underwriting with every type of integration needed, and achieve better results.”

“The ONYX platform has taken my business to the next level of growth. The workflow of this software makes our process seamless. I would recommend ONYX to anyone.”

“I've been using Onyx for the past 7 months and the only thing I would say is SIMPLE!!! I love how easy it is to use and how user friendly it is. They are continuing to evolve with automations but funding functionalities are on point!”

“Onyx IQ gave us the structure and compliance framework we needed from day one, removing operational friction and elevating the professionalism of the business as we grew.”

“Onyx IQ helped us streamline credit, ACH, and contract workflows into one system and made underwriting faster and more focused using the Scorecard.”

“We’re handling more volume with the same team, funding more deals, and cutting underwriting time by roughly 30%. Everything now runs in one system instead of spreadsheets, and deals move without stalling.”

“Onyx IQ is reliable, easy to use, and backed by the most responsive support team we’ve worked with. When issues arise, they’re handled quickly.”

Before you switch

Questions lenders ask

Does Onyx IQ replace our current origination system?+

Yes. Onyx IQ replaces the disconnected stack you run today across intake, underwriting, contracts, and funding, and it does not stop at funding. It is an end-to-end lending platform that runs the full cycle from origination through servicing and collections on one deal record.

Will our ISOs actually use the portal?+

The portal is branded as yours and built for self-serve: ISOs view approvals, select an offer, downsell within your limits, and upload stipulations without emailing your team. Lockable fields keep them from changing what they should not.

How do you keep disclosures compliant across states?+

The disclosures a deal requires are applied automatically based on where it is funded, and they are kept current as state laws change, so compliance stays attached to the deal instead of becoming a manual checklist.

Can we produce a clean record when a capital partner or auditor asks?+

Every action on a deal is logged from the first application through funding, with the documents, approvals, and changes kept on the record. Your team pulls an audit-ready trail without rebuilding the history from email, so an investor or audit request stays a quick export instead of turning into a project.

What does migrating from our current process look like?+

Your success team maps your current workflow, approval rules, and documents into Onyx IQ during onboarding, with two dedicated managers guiding the setup so nothing gets lost in the move.

Who can see our deals and pipeline?+

Your data is yours. Onyx IQ isolates each lender’s deals and pipeline. No other funder sees your submissions, your approvals, or how you fund.

Take on more deals without hiring more people to keep up

Trusted by lenders running high-velocity, high-volume operations