Simply Funding, a premier provider of Merchant Cash Advance services, selects Onyx IQ, the leading funding management solution for the MCA space, because, “Onyx provides the whole package and integrates with the partners who matter most to us,” says Jacob Kleinberger, Head of Operations at Simply Funding. “The fact that they were already strategically aligned and collaborate so well with ACHWorks made this an easy decision.”
ACHWorks, a payment processing technology for commercial and consumer transactions, is a well-known and well-liked option for the Merchant Cash Advance Industry. “ACHWorks was one of our earliest integrations and partners. They’ve been around for 30+ years and are really industry experts,” says Andrew Dudley at Onyx IQ. “We’re always excited when we get to collaborate with them and shared clients.”
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“Onyx provides the whole package and integrates with the partners who matter most to us,” says Simply Funding.
The strategic partnership between ACHWorks and Onyx IQ goes beyond shared clients and allows net new customers to start funding in as little as 2-4 weeks, wiring funds, processing ACH payments, debiting syndicators and paying ISO commissions on the rails that already exist between the two platforms. Dave Kirk, ACHWorks National Sales Manager says “ACHWorks has always worked hard to offer to Small and Medium sized businesses superior service and maximum benefit. We see this strategic partnership as providing exactly that for the Merchant Cash Advance Industry ”
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About Onyx IQ
Onyx IQ offers cloud-based lending solutions designed to help automate decisions and fund more deals – faster. Customers benefit from highly customizable workflow, configurable decision engine, internal/external collaboration and robust reporting – all in one integrated view.
The platform was created in 2017 by Jay Keller, CEO of Wall Street Funding. Jay has been deeply immersed in the Alternative Lending Industry with focus on the MCA / B2B space since 2006 and offers a wealth of leadership expertise. With a talent strategy focused on hiring industry professionals and aggressive product roadmaps, it is Onyx IQ’s mission to serve as the best funding management software available.
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