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BLACK ONYX LENDING FIRM LLC logo logo
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BLACK ONYX LENDING FIRM LLC

Chicago, Illinois

(48)
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About

Our Lending Firm is like no other as we not only loan money to small businesses we additionally are first and foremost Financial Consultants! We give the small business owners a financial edge to a successful and more profitable outcome. We want to help our Client's make their "Dreams" come true!

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Reviews (48)

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4/5

48 customer reviews

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9 May 2023

The Team here at Black Onyx Lending has of today closed TEN Loans for small businesses!! CONGRATULATION to the TEAM!!

JAS

7 April 2023

This man owes me in excess of $100,000.00 for 4 + years of work. Do not do business with this man.

7 November 2022

Black Onyx, led by John A. Sims, is a nightmare to stay away from. He was in prison for an ATM scam and tells people it was adjudicated and dismissed. In-fact, it was not. Court records show that his sentence was adjusted because it did not fall in line with sentencing guidelines.

Sims lies about everything. He’s a con(fidence) man that preys on those who are in financial distress and are looking for any glimmer of hope for salvation. With grandiose promises and plans he comes in. His only tool being Merchant Cash Advances (MCA) with high fees ($300k in fees and interest for $400k as an example) and commissions for him. He creates a pyramid scheme and makes a couple payments to an MCA by taking out new loans. He keeps doing that and gets you and others to put personal money in. He strings you along with promises of large SBA and conventional loans. Since there is no other hope, those willing to close their eyes are strung along.

All the while, he gains access to bank accounts. He got an ATM card on our US Bank account and took out tens of thousands of dollars... $500 at a time. This came to an abrupt stop when US Bank noticed he was on our account and removed him from our account.

He is an old man in his 70s. Dishonorable and only knowing crime his whole life - have pity on him, but do not be fooled. Listen to all the detailed reviews online and not to the shiny lies he will dangle in front of you.

UPDATE: I had originally taken this review down after John Sims threatened my former boss. Since John bankrupted that company, I no longer have a boss to listen to. I decided to repost it after seeing one of his former employees, Diane Cole, posted on FaceBook that Sims defrauded her of $100k in pay. Although she was not nice to deal with either, she, like everyone else, deserves wages promised.
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23 November 2021

My Family Business was going through Covid hardships financially. I was referred to Black Onyx Lending by my CPA.
Wow, it was the most professional experience.
After meeting with them in 4 weeks time received my loan with a line of credit!
Great Job Black Onyx Lending!!
More...

15 October 2020

I was turned down by my local Banks. I found Black Onyx on Google and I am so grateful I did. I received my loan in 30 days.
I highly recommend Black Onyx Lending to anyone.
They are honest and professional in every way.
More...

28 August 2020

We were turned down by everyone we went for a bridge loan.
Our attorney suggested we apply at Black Onyx Lending so we did. They explained why we were being turned down and assisted us in putting together a complete financial package. Once we did this with Black Onyx assistance we were approved for our $3 million dollar bridge loan in 20 days!

We highly recomend Black Onyx Lending and their knowledgable financial team!
Robert Johnson
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19 June 2020

Black Onyx, led by John A. Sims, is a nightmare to stay away from. He was in prison for an ATM scam and tells people it was adjudicated and dismissed. In-fact, it was not. Court records show that his sentence was adjusted because it did not fall in line with sentencing guidelines.

Sims lies about everything. He’s a con(fidence) man that preys on those who are in financial distress and are looking for any glimmer of hope for salvation. With grandiose promises and plans he comes in. His only tool being Merchant Cash Advances (MCA) with high fees ($300k in fees and interest for $400k as an example) and commissions for him. He makes a couple payments to an MCA from taking out another loan from new MCA. He keeps doing that and gets you and others to put personal money in. He strings you along with promises of large SBA and conventional loans. Since there is no other hope, those willing to close their eyes and strung along.

All the while, he gains access to bank accounts. He got an ATM card on our US Bank account and took out tens of thousands of dollars... $500 at a time. This came to an abrupt stop when US Bank noticed he was on our account and removed him from our account.

He is an old man in his 70s. Dishonorable and only knowing crime his whole life - have pity on him, but do not be fooled. Listen to all the detailed reviews online and not to the shiny lies he will dangle in front of you.
More...

18 June 2020

https://www.google.com/search?q=john+sims+black+onyx&client=firefox-b-1-d&sxsrf=ALeKk00yPDNLWXSeW842qolJhluWHn9ZHg:1592519078477&tbm=isch&source=iu&ictx=1&fir=pSs0BEQa_xArJM%253A%252C8kCcq-DSi10EZM%252C_&vet=1&usg=AI4_-kTZjqHpZJWNUDpsNFOVOcU_0w6PPA&sa=X&ved=2ahUKEwitv-Hvs4zqAhVLJKwKHa3XA9QQ9QEwA3oECAEQFg&biw=1920&bih=976#imgrc=pSs0BEQa_xArJM:

https://www.atmmarketplace.com/news/atm-scam-puts-mich-man-behind-bars-for-21-years/
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15 May 2020

THIS IS A FIRST CLASS HEDGE FUND THAT NEVER QUITS UNTIL THE LOAN NEEDS ARE FULFILLED. ONLY CLIENTS THAT HIDE INFORMATION FROM OUR UNDERWRITING DEPARTMENT FIND THEMSELVES PASSED BY WITH A LOAN! WE ARE WAITING TO SERVE YOUR FINANCIAL NEEDS.. CONTACT US: blackonyxlending.com More...

5 August 2019

https://www.mlive.com/news/grand-rapids/2010/03/cascade_township_man_behind_at.html

5 August 2019

https://law.justia.com/cases/michigan/court-of-appeals-unpublished/2010/20100316-c286738-51-286738-opn.html

5 August 2019

https://www.atmmarketplace.com/news/atm-scam-puts-mich-man-behind-bars-for-21-years/

24 February 2019

Black Onyx Lending is an amazing company. We are dedicated to making your dreams reality! Courteous, professional, and prompt, don’t hesitate to give us a call! We’re more than just a lending company, and offer an array of services. Call us today! More...

Reviewed on Google Maps

24 February 2019

John Sims and Black Onyx Lending strive to be the best in the world at creating outstanding opportunities for our clients. We will ensure your dream is a success! More...

Reviewed on Google Maps

12 February 2019

Black Onyx Lending LLC will work effortlessly for all of your financial needs. John Sims and associates will stand by your side every step of the way. If you're looking for your dreams to come true and your goals to become successes, I highly recommend doing business with this company! More...

25 January 2019

Our Lending Firm is like no other, as we not only loan money to small businesses, we additionally are first and foremost Financial Consultants! We give the small business owners a financial edge to a successful and more profitable outcome. We want to help our clients make their "Dreams" come true! More...

Reviewed on Google Maps

25 January 2019

I was just about ready to give up searching for my brother’s business to refinance. A family friend suggested to contact BLACK ONYX LENDING in Chicago. I spoke with Diane Cole and John Sims they were very knowledgeable and helpful! In just four weeks my brother got the $350,000.00 loan he needed for his business.I highly recommend BLACK ONYX LENDING!!BAT More...

Reviewed on Google Maps

18 January 2019

Our Lending Firm is like no other as we not only loan money to small businesses, we additionally are first and foremost Financial consultants! We give the small business owners a financial edge to a successful and more profitable outcome. We want to help our clients make their "Dreams" come true! More...

5 January 2019

Black Onyx, specifically Diane Cole, Michelle Wax, and John Sims are frauds. They took my check, but the very next day I had secured funding elsewhere and informed Black Onyx I would not require their services. I had not filled out any of their "due diligence" paperwork yet so they had not done anything on my behalf. They promised to return my money by Oct. 12, two months after sending the check. It is now January and I still have not received anything. They are all crooks. More...

29 July 2018

Mr. Sims and the staff at Black Onyx are amazing at helping clients find the best loan possible. They work diligently to help companies meet their financial needs.

Reviewed on Google Maps

23 July 2018

The hard working TEAM Of Black Onyx just closed a $10,000,000.00 commercial loan for a local manufacturing plant! Thank you Volt Manufacturing for chosen
BLACK ONYX LENDING FIRM!

Reviewed on Facebook

23 July 2018

Awesome company, the staff was very knowledgeable and I was able to get the funding I needed at a great rate. Truly a pleasure to work with them.

Reviewed on Facebook

23 July 2018

Black Onyx Lending Firm, LLC and John A. Sims will work their hardest to provide you with the best loan possible. They have a wide range of loans to offer and will go the extra mile for you.

Reviewed on Facebook

23 July 2018

John Sims and the rest of the Black Onyx Team are absolutely incredible. Everyone is so knowledgeable and professional and they really know their stuff! If you think you're out of options, think again. Black Onyx will come through for you, too. More...

Reviewed on Facebook

29 June 2018

I wanted to expand my business and Black Onyx helped me get a great rate on financing. I couldn't get anything close to it at my bank. Thank you Black Onyx.

Reviewed on Google Maps

29 June 2018

Getting the investment my business needed seemed like a nightmare, then someone referred me to Black Onyx Lending. I then was able to get my needs met. I am a very happy customer.

Reviewed on Google Maps

29 June 2018

I spoke with Michele about my lending options and she was so incredibly helpful. She took the time to answer all of my questions, provide sound advice, and explained all options in detail. I will definitely be contacting her again for future needs. More...

Reviewed on Google Maps

29 June 2018

I love this job... It is by far my best one yet... Great people Great company... So much learning and growing... The potential to gofar is definitely there... The sky is the limit...

Reviewed on Google Maps

28 June 2018

John Sims and the rest of the Black Onyx Lending Team are second to none! They are extremely knowledgeable, compassionate and professional. 12/10 would recommend for all of your lending needs. More...

Reviewed on Google Maps

27 June 2018

John Sims is a scam and has had to open JOHN SIMS CONSULTING to keep his SCAM going as his other company BLACK ONYX LENDING has SCAMMED so many people out of money.
DO NOT DO BUSINESS WITH JOHN SIMS- HE IS A CONVICTED FELLON!!!
More...

25 May 2018

Black Onyx Bookkeeping is a division Black Onyx Lending Firm. Black Onyx Lending Firm is in the business of “Making your dreams reality”. The company has been in business since 1989, with John A. Sims as chairman of the company. Mr. Sims has helped me to find my Entrepreneur side giving me confidence to step forward to realize my full potential in the accounting field, for me that was a dream, that is now a reality. I am really excited to be working for such a wonderful company. More...

Reviewed on Google Maps

17 May 2018

Working with Black Onyx Lending was a great experience. By walking me through the process step by step, they removed much of the ambiguity and fuzziness around the lending process. They were always pleasant, super responsive, and took the time to make sure I was comfortable with next steps. More...

17 May 2018

Everyday I get to talk to new clients and help make their dreams a reality. All thanks to Black Onyx Lending LLC for making that a reality for me. John Sims is one of the most genuine people I know and will do all he can to help you reach your goals. More...

Reviewed on Google Maps

10 May 2018

Mr. John A. Sims is teaching me a lot about the industry and the potential it has. It is a pleasure to be associated with such knowledgeable individuals.

Reviewed on Google Maps

10 May 2018

Are you in the process of trying to realize your dreams? Then check out Black Onyx Lending Firm, we are in the business of "Making your Dreams Reality". I love working with individuals who categorically care about providing professional and quality care of their client’s needs. More...

Reviewed on Google Maps

26 April 2018

I love working with individuals who categorically care about providing professional and quality care of their client’s needs.

Reviewed on Google Maps

2 April 2018

ANNOUNCING THAT THE BLACK ONYX TEAM JUST FINISHED RAISING $200 MM FOR A NEW MANUFACTURING PLANT IN TEXAS!
CONGRATULATIONS TO ALL FOR THE DEDICATION AND HARD WORK!!

Reviewed on Google Maps

19 March 2018

Wow, maybe some times you should look at all the facts before you throw stones at glass houses. Yes, John A Sims went to prison which was appealed through the courts and his sentence was vacated by the Federal Appellate Court by a vote of 3 - 0. John is an excellent Businessman whose knowledge and experience in lending will find you the right Lender to meet your needs. More...

19 March 2018

WHAT A GREAT DAY! WHEN BLACK ONYX IS THERE HELPING SOMEONE MAKE THEIR DREAMS A REALITY!!!!

Reviewed on Google Maps

15 March 2018

Great team to work with! They were knowledgeable and friendly, but most importantly got the job done!

Reviewed on Google Maps

27 February 2018

John Sims is a convict:
ATM scam puts Mich. man behind bars for 21 years
July 25, 2007
The Grand Rapids (Mich.) Press: John Sims says bad business led to the downfall of his ATM leasing company, but Kent County Circuit Judge Mark Trusock exceeded sentencing guidelines and sent the once-prominent businessman to prison for up to 21 years. State sentencing guidelines call only for 10 to 28 months. Sims, 51, is headed to prison for "lying, cheating and stealing" from people he was supposed to be working with in a legitimate enterprise. In all, Sims was charged with a series of scams that cost his partners about $750,000. Sims was convicted in May of five felonies related to fraudulent ATM leases that allowed him to secure money from partners. Sims reportedly drew up documents that showed finalized deals to place ATMs in banks, convenience stores and other businesses around Michigan. More...

18 December 2017

Working with the Black Onyx Team was simply amazing. They were professional and very helpful. John A Sims and the whole team knew exactly how to Make my Dream a Reality. I would definitely refer them.

Reviewed on Google Maps

17 December 2017

John A Sims is PASSIONATE AND PROFESSIONAL. The Black Onyx team treats me like family. The whole team gets involved to make sure EVERYTHING is taken care of. I would recommend Black Onyx to every one I know. Truly the BEST!!!! More...

Reviewed on Google Maps

17 December 2017

Working with Black Onyx is the best thing I've done. The whole team is amazing and the CEO John A Sims even took a personal interest to make sure everything went perfect. I would highly recommend Black Onyx. More...

Reviewed on Google Maps

28 November 2017

John Sims and Black Onyx Lending are a great place to do business. John is an AWESOME businessman, he made it so I was able to finally start the business that I have been trying to get funded for years with no luck through traditional banks. They got everything I needed approved and funded immediately. John and his team are super friendly and helpful, even if you have no idea what you are doing. I recommend this company to anyone who needs to get funds to do whatever you need start a business, buy a house, they will even help you to get funded to lease the equipment that you need to get your business up and running.

Thanks Again John Sims and Black Onyx!!!!!

Robert
More...

Reviewed on Google Maps

28 November 2017

Wonderful company to do business with. I have dealt with John Sims and his team at Black Onyx many times and every single business transaction has been approved. Some of them required a little more work on their part but they never failed to deliver. I will continue to use their wonderful services for many years and recommend that anyone seeking financial capital or consulting contact this excellent lending firm. Thanks again John Sims and the whole team at Black Onyx Lending Firm.

Mariah
More...

Reviewed on Google Maps

27 November 2017

JOHN A. SIMS IS AMAZING!!!!!HIS TEAM WORKS TOGETHER TO "MAKE YOUR DREAMS A REALITY"

Reviewed on Google Maps

19 September 2017

I am excited to be working such an energetic, positive group. Black Onyx Lending has the experience to make dreams a reality.

Reviewed on Google Maps

Q&As

Business Lending
Financing
Mortgages
Accounts Receivable

You must file the proper legal paperwork as required by the local, state, federal gov. and the required business forms for the IRS.
As an example; you need a road map to drive a car, to get you where you want to go on your journey.

Business is similar in a way. You need to have an EXPERIENCED BLACK ONYX TEAM with over forty years of knowledge, show you the way to ensure your success for your business.

To listen to our client, learn what THE GOAL'S are, and be able to help using our EXPERIENCE and Knowledge to show you the way!
Our BLACK ONYX TEAM is so wonderful to work alongside of, because we care so much about our client's.
We keep up on all the changes with accounting so that our weekly meetings are very helpful to ensure that we share how to do our jobs correctly.

When you can assist another person it makes me feel good! As I started a business I found it was so very rewarding as it is a part of me.
I would never give up this feeling.

We have more experience, we are hands on, good communicators, and the best of all we have clients that tell others about their experiences with working together with our TEAM!

Services

Sale-Lease Back Financing
Asset-Based Financing
Commercial Property
Accounts Receivable
Merchant Financing
Business Loans & Leases
Equipment Leases
Purchase Order Financing
Lines of Credit
SBA Loans
Working Capital

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