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MCA lending software

Looking for a better way to run your MCA business than spreadsheets?

Onyx IQ moves your whole book onto one system and puts AI and automation on the manual work, so the same team funds more without the errors that come with spreadsheets.

Live in about two to four weeks, with your book running the whole time.

End-to-end platform Real-time RTR dashboard Native syndication AI-powered intake SOC 2 Type II
Onyx IQ — make every deal follow your credit

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

Why funders LEAVE SPREADSHEETS

Spreadsheets are costing you deals

Spreadsheets and email get you off the ground, and they start breaking the moment your volume climbs. Every deal lives in a tab and a thread, so the manual work between them is what decides your ceiling.

 

No real system of record

You're running the book on spreadsheets and email. Nothing is the single source of truth, so numbers drift and you can't trust what you're looking at.

 

One wrong cell costs you

Almost every business spreadsheet has errors in it. In a lending book that's a misrouted ACH pull, a deal approved on the wrong number, or a disclosure that never makes the file.

 

ACH and servicing by hand

Manual ACH and servicing eat the whole day, and the moment volume climbs, the process breaks and missed pulls start costing you money.

 

Underwriting with no rules

Underwriting is manual and inconsistent with no enforced credit box. Two analysts price the same deal differently, and bad paper gets through.

 

Syndication in spreadsheets

Investor allocations live in error-prone spreadsheets, and your capital partners have zero visibility. One wrong formula and you pay the wrong person.

 

Reporting always behind

Reporting runs days late, so every audit or capital-partner request turns into a scramble that makes your shop look unready for their money.

 

It all breaks at volume

A spreadsheet holds up at twenty deals. At eighty you're hiring people just to keep the book moving, and pulls, renewals, and payouts start slipping through.

 

No clean audit trail

State disclosures and edits aren't tracked in one place, so when an examiner or partner asks who changed what, you can't show it without a manual hunt.

Why Onyx IQ is better THAN SPREADSHEETS

Why funders move to Onyx IQ

Spreadsheets got you this far, and they can't take you further. Here's what your operation looks like once every deal runs on one system instead of tabs and email threads.

 

A live command center for your whole book

Active RTR, today's payments, and your top industries update in real time. The number is always live on the screen, instead of a figure someone rebuilds in a sheet every week.

You stop rebuilding the picture by hand, and your source of truth is always current.
 

One system for the entire deal

Every stage, from the first submission to the last payment, runs on one deal record. Nothing gets copied from a tab to an email to a portal, and no deal shows paid in one place and past due in another.

You run the whole book from one screen and stop losing hours to reconciliation.
 

Underwriting rules you change yourself

Your credit policy lives in no-code scorecards that approve, decline, or refer each deal the same way every time. No more eyeballing a deal off a line in a spreadsheet.

Every deal gets underwritten consistently, and you can change the rules the day the market moves.
 

Native syndication with an investor portal

Allocations calculate on their own and your investors log into a portal to see positions and statements. No allocation tab, no payout formula by hand, no investor calling to ask where their money is.

You raise and deploy more capital without rebuilding the split in a spreadsheet.
 

Reporting your investors trust

Payment reports, collection curves, month-end, and borrowing base pull straight from the live book. When an investor or partner asks for numbers, they're ready, instead of a weekend spent rebuilding them in Excel.

You hand over clean, current numbers on demand and look ready for bigger money.
 

Built by funders, proven by audit

Onyx IQ was built by people who have funded deals and passed real audits, so the controls a spreadsheet can't give you are already in place: SOC 2 Type II, automatic state disclosures, and a full audit trail.

You get the record and controls examiners and partners expect, without building any of it yourself.

One lending platform, end to end

Your entire lending operation, in one system

The same deal record carries all of it, from the first submission to the final payment.

Business nameAuto-filled
RevenueAuto-filled
Positions2 found

AI Intake

AI intake

Reads every application and bank statement and builds the deal in seconds, so nobody rekeys a submission and the same team handles far more volume.

Two-Way Email

Two-way email

Brings ISO submissions straight into the platform and lets your team reply to brokers without leaving it.

ISO Portal

ISO portal

Gives brokers a branded portal to view approvals, pick offers, upload stips, and downsell.

Active
$48.2M
Total RTR
$60.9M
Paid
342

Command Center

Command center

Shows Active, Syndication, and Total RTR live, next to today’s payments and top industries, so the number on the screen is always current.

Position Detection

Position detection

Flags recurring MCA payments and stacking straight off the bank statements.

Underwriting Queue

Underwriting queue

Holds deals in a claimable queue built for a team underwriting at volume.

Credit Pulls

Credit pulls

Pulls Experian credit through CRS inside the workflow, at bulk pricing below retail.

Background Checks

Background checks

Runs Clear background and identity checks in one click, without a separate login.

FICO ≥ 600Approve
TIB < 6 moDecline
1 open positionRefer

Scorecards

No-code scorecards

Runs your credit policy as no-code scorecards that approve, decline, or refer every deal, and lets you change the rules in minutes without a developer or a ticket.

Bank Verification

Bank verification

Pulls verified bank data through Plaid or DecisionLogic automatically, so you underwrite on real cash flow.

Cross-Collateral

Cross-collateral

Ties up to sixteen entities to a single deal when the structure calls for it.

Funding History

Funding history

Shows whether a merchant was funded before and exactly how they paid.

Multiple Offers

Multiple offers

Sends up to six approval options at once for the ISO to pick the one that closes.

Branded Alerts

Branded notifications

Sends approvals and updates under your brand, not a vendor’s.

Lockable Fields

Lockable fields

Locks the fields ISOs shouldn’t change, like bank fees, commissions, and terms.

Default Stips

Default stipulations

Attaches the docs every deal needs automatically, like a driver’s license, voided check, and agreement.

E-Signatures

E-signatures built in

Generates, sends, and signs agreements in the platform, with the signed copy filed to the deal.

JCJefferson Cap.42%
MRMeridian31%
ACArdent27%

Syndication

Native syndication

Calculates allocations on an automated ledger, runs payouts from live data, and gives your syndicators a portal for positions and statements.

Merchant Agreements

Merchant agreements

Ships contracts stamped by Hudson Cook and refreshed twice a year to stay current.

State Disclosures

State disclosures

Generates the disclosures each state requires and updates them the day the law changes.

Contract Mapping

Contract mapping

Maps your own custom agreements into the signing flow.

Refinance Calculator

Refinance calculator

Works out payoffs and refis inside the deal instead of a side spreadsheet.

Fee Management

Fee management

Handles origination, balance, and custom fees, deducted at funding or added to the balance.

Funding Queue

Funding queue

Holds every deal for a final CFO or controller sign-off before money moves.

Disbursement

Disbursement

Funds by wire or ACH, whichever the deal calls for.

 

Reporting

Reporting your investors trust

Pulls payment reports, collection curves, borrowing base, and month-end straight from the live book, current and tied out on demand.

ACH Processing

ACH processing

Syncs five ACH processors twice a day, so you manage every plan without a portal login.

Processor Redundancy

Processor redundancy

Runs two processors as backup so a pull never gets stuck.

Payment Plans

Payment plans

Activates payment plans at funding and runs them on their own on the schedule you set.

Plan Changes

Plan changes

Pauses, adjusts, or updates a merchant’s bank details without leaving the platform.

Payment failedMissed
Text + emailSent
RecoveryStarted

Collections

Collections

Moves a failed pull into the Payment Issues queue on its own, fires a text and email to the merchant, and packages everything for a law firm when a deal needs to escalate.

Merchant Alerts

Merchant alerts

Sends an automated text and email the moment a payment misses.

Soft Collections

Soft collections

Resets a plan, adds a payment, and moves a deal back to healthy pay.

Legal Packaging

Legal packaging

Packages contracts, notes, and credit for a law firm in one click.

Wallets & Ledger

Wallets and ledger

Holds or pays out syndicator funds daily, weekly, or monthly from a virtual wallet.

Allocations

Allocations

Calculates splits from collected funds automatically, with no spreadsheet to rebuild.

Commission Queue

Commission queue

Populates a commission queue from funded deals on its own.

ACH Payout

ACH payout

Pays ISOs by ACH straight from the platform.

Clawbacks

Clawbacks

Claws back a full or partial commission when a deal defaults early.

Static Pools

Static pools

Pulls static pool reports straight from the live book.

Collection Curves

Collection curves

Shows how each vintage is paying down over time.

Borrowing Base

Borrowing base

Generates borrowing base reports your bank will accept.

Month-End GAAP

Month-end GAAP

Produces GAAP or accrual month-end your accountants trust.

SOC 2 Type II

SOC 2 Type II

Backs your controls with a SOC 2 Type II report, ready for diligence.

Audit Trail

Audit trail

Logs every change with who touched what and when.

Role-Based Access

Role-based access

Limits each role to only what it should see and edit.

White Label

White label

Runs multiple brands from one account, each with its own look and users.

Integrations

Integrations

Connects the data partners you already use in one place.

Proof from the field

What funders who made the switch say

5 star rating

“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.” 

Jacob Trustpilot Review

5 star rating

“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.” 

Nick Trustpilot Review

5 star rating

“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!” 

Alex Trustpilot Review

Quotation Marks

“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.” 

Nick Lavoie Lavoie Capital

Quotation Marks

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

Tasha Tekfi

Quotation Marks

“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.” 

Caleigh Toye liquifyfunding.com

Quotation Marks

“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.” 

Tony Nationwide
Fast, safe, and done for you

Getting off spreadsheets is easier than you think

The team maps your book out of your spreadsheets and sets everything up, while your current process keeps running. Most funders go live in about two to four weeks.

1
 

Map and set up

A dedicated onboarding contact pulls your deals out of your spreadsheets and sets up your credit rules with your team, while you keep working the way you do today.

2
 

Check the numbers

Balances, payment schedules, and syndicator positions are checked against your spreadsheets before anything goes live, so nothing moves until it ties out.

3

Go live in ~2–4 weeks

Your book moves onto Onyx IQ with payments and collections running from day one, and your success contact stays reachable by email, text, or Slack.

Setup done for you

The team configures the platform, maps your contracts, and connects your integrations. You don't rebuild any of it yourself, and you don't need an engineer.

Introductions and better pricing

Onyx connects you with the ACH processors, credit bureaus, and background-check partners, often at volume pricing below retail.

A real person on support

A dedicated success contact you reach by email, text, phone, or Slack, not a general ticket queue.

Built for reliability

Hosted on AWS across two states and refined over years of live funding, so the platform your book runs on stays up.

 

Book a walkthrough on your own deal flow

We'll take the way you run deals in spreadsheets today and show you the same flow on Onyx IQ, then point out exactly where automation removes the manual work capping your volume.

MCA software alternative

Frequently asked questions

What is Onyx IQ? +

Onyx IQ is an AI-powered, end-to-end lending platform for MCA and alternative lenders. It runs the full lifecycle of a deal on one system, from origination and underwriting through funding, servicing, collections, syndication, and reporting, so your whole book lives in one place instead of a stack of spreadsheets and email threads.

How do I know I’ve outgrown spreadsheets? +

The usual signs are missed ACH pulls, a book no one fully trusts, month-end that eats nights, and an investor or capital partner asking for a report you can’t pull quickly. Spreadsheets work fine at low volume, and they start breaking as your deal count climbs. If reconciliation and manual entry are now capping how much you can fund, you’ve outgrown them.

How do I move my deals off spreadsheets and into Onyx IQ? +

A dedicated onboarding team maps your book straight out of your spreadsheets, including active deals, balances, and payment schedules, and sets up your credit rules with you. Everything gets checked against your spreadsheets before cutover, so nothing goes live until the numbers tie out. There’s no legacy platform to untangle, so it’s lighter than a typical migration.

Is Onyx IQ overkill for a small or growing shop? +

No. Onyx IQ is built for funders who have outgrown spreadsheets but don’t want the cost or setup burden of a heavy enterprise build. You go live on the parts you need now, and the rest of the platform is there as you scale, so you’re not paying for complexity you won’t use yet.

Do I need to be technical to run it? +

No. Your credit rules run in no-code scorecards, and your team configures the platform without an engineer. The onboarding team does the setup with you, and after go-live, operators run the platform day to day, not developers.

How long does it take to go live? +

Most funders go live in about two to four weeks. A cleaner, smaller book moves faster. Your deployment covers the full setup, including configuration, contract mapping, and integrations, and a dedicated onboarding contact works with your team through the whole process.

Does Onyx IQ handle syndication and investor reporting? +

Yes. Onyx IQ tracks participants and ownership, calculates allocations through an automated ledger, and gives investors a portal where they can see balances, deals, and downloadable statements. Your investor numbers stop living in a fragile spreadsheet, and repayment activity flows into the records on its own.

Does Onyx IQ support more than MCA? +

Yes. Beyond MCA, Onyx IQ supports commercial products such as SBA loans, commercial mortgages, equipment finance, and term loans, using the same audit trail, SOC 2 Type II coverage, and configurable scorecards. You can expand into new products without moving your operation onto another platform.

Is Onyx IQ compliant and secure? +

Onyx IQ automatically generates the disclosures required for each state, keeps a full audit trail of changes made inside the platform, and uses role-based access to limit who can see and change deal and borrower information. It also holds a SOC 2 Type II report, which gives institutional partners third-party documentation of the controls around the system.