Looking for an alternative to your MCA software?

Onyx IQ is an AI-powered, end-to-end MCA lending platform. It runs the full lifecycle of a deal on one system, from origination and underwriting through funding, servicing, collections, syndication, and reporting, so the same deal record carries from the first submission to the final payment.

Most setups stitch together a CRM, credit and bank portals, an ACH processor, and spreadsheets, which leaves your team moving data between them by hand. Onyx IQ runs the whole operation on one platform and uses AI and automation to carry the deal through each stage, so you fund more volume without adding headcount at the same rate.

A dedicated onboarding team maps your data and migrates your active book, historical deals, balances, and payment schedules through pre-built connectors and an open API. Everything gets reconciled against your current system before cutover, so a deal never shows funded in one place and delinquent in another. The exact scope is set with your team during implementation planning.

It shouldn’t. Your current book keeps running while the new platform is set up and checked, so ACH pulls, collections, and syndicator payouts continue during the move. Active deals move over once the balances, payment schedules, and other key records have been checked against your current system.

Most funders go live in about two to four weeks. Smaller, cleaner books move faster, while larger or more complex portfolios take a little longer to map and check. 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.

Yes. If your sales team runs ISO and broker relationships in a CRM like HubSpot or Salesforce, Onyx IQ connects to it so they keep working where they already are. It also plugs into the data partners you rely on, such as Plaid or DecisionLogic for bank data, Experian through CRS for credit, and Clear for background checks, through pre-built connectors and an open API. Onyx IQ replaces the disconnected core of your operation while keeping the tools that still serve you.

Yes. Your credit policy runs in no-code scorecards, so your head of credit adjusts the rules in minutes to approve, decline, or refer deals. There’s no ticket, no vendor request, and no waiting on engineering, which means you can tighten your credit box the same day the market moves.

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. Because syndication is tied to each live deal, repayment activity flows into the records without anyone rebuilding the numbers in a spreadsheet.

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.

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.