Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTDaniel KlineWed, September 9, 2026 at 10:36 PM GMT+2 5 min readNot paying back a business loan kicks off a process that can end up with the company being forced to liquidate."A business loan goes into default when you repeatedly violate the legal terms of your loan agreement. When you default on your loan, you've continuously missed payments — and have not reached a resolution with your lender. At this point, your lender has determined that you will not repay your debt," according to NerdWallet.It can kick off a process that may end in the business losing its collateral."Once you miss one or more business loan payments, the lender will likely contact you to inform you of the delinquency and try to reach a resolution. If you fail to respond and your loan falls into default, the lender will make every attempt to collect on the debt," the financial website added.That's where one major Qdoba Mexican Eats franchise operator finds itself, and the case has moved to court.Bank Midwest claims that a major Qdoba franchisee, Pennsylvania-based The Integritty Group (TIG), has defaulted on a $20 million loan that was taken out in April 2025, leaving approximately $18.3 million in outstanding debt across 41 restaurants,