
Finance & Economics
Wendy’s operator Meritage plans closures, Fast Company reports
Fast Company reports planned closures as Meritage’s bankruptcy proceedings continue.
SEP 25, 2026 · 2 MIN READ
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Fast Company reports planned closures as Meritage’s bankruptcy proceedings continue.

The Wendy’s operator is seeking financing and court approval for employee payments.
SBA loan defaults hit a 12-year high in 2024. The 7(a) program posted its first negative cash flow in 13 years. Restaurant lending standards are tightening. For overleveraged QSR franchisees, the math is getting ugly.