A rule-based engine that lets lenders decide faster, stay consistent, and cut manual review.
NEW YORK CITY, NY / ACCESS Newswire / December 9, 2025 / OnyxIQ today announced the launch of Scorecards, a next-generation underwriting and decisioning engine that enables lenders and funders to make instant, consistent, automated credit decisions without writing a single line of code.
Scorecards is designed to eliminate up to 95% of the manual underwriting workload, a figure Onyx founder Jay has repeatedly highlighted:
"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."
Built into the Onyx underwriting environment, Scorecards combines intelligent rules, dynamic offer generation, and real-time data integrations to deliver end-to-end automation previously unavailable in alternative lending.
A New Standard for Speed, Consistency & Scale
With Scorecards, underwriting that once took hours or days now happens in seconds.
The engine evaluates credit data, bank information, owner-level profiles, industry codes, and risk tiers, all instantly, returning clear, repeatable decisions with recommended offers.
Jay told us:
"In today's market, speed and consistency are everything. With the Scorecards and rule-based engine, OnyxIQ customers can move from application to credit decision instantly, with complete transparency, control, and automation at every step of the process."
Key capabilities include:
No-Code Rule Builder
Create unlimited rule sets that evaluate any data point-FICO, bank statements, industry (SIC/NAICS), debt profiles, owner details, and more.
→ Enables complete control over credit policy, without engineering effort.Instant Decisioning
Scorecards return Decline, Approve, or Modified Terms in a single click based on configured logic.
→ Reduces operational drag and speeds up deal flow.Dynamic Offer Generation
Automatically generate offers including term length, buy rates, fees, and payback, updated in real time as score inputs change.
→ Eliminates errors and makes underwriting consistent across teams.Risk-Based Modifiers
Adjust terms dynamically based on industry safety, FICO tiers, or other risk factors.
→ Helps funders tighten credit decisions while approving more deals safely.Scenario Testing
Change one variable and instantly see new recommended offers.
→ Perfect for optimizing pricing strategy and standardizing underwriter overrides.
Today, OnyxIQ powers 80+ funders and is expanding rapidly across MCA and commercial lending.
The Industry's Push Toward Automation
As regulatory pressure grows and competition increases, funders who rely on manual underwriting risk falling behind.
Jay summarizes the shift:
"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."
Availability
Scorecards are now available to all OnyxIQ clients within the underwriting module.
For a live demo, visit onyxiq.com/scorecards or contact info@onyxiq.com.
About OnyxIQ
OnyxIQ is a next-generation lending automation platform that unifies origination, underwriting, servicing, collections, and reporting in a single streamlined ecosystem. Built by funders & Lenders for funders & Lenders, OnyxIQ helps teams scale faster with fewer resources through intelligent automation, adaptive scorecards, and a modern user experience.
Learn more at onyxiq.com.
SOURCE: Onyx IQ
View the original press release on ACCESS Newswire