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DoorDash Starts Financing Arm to Offer Loans to Restaurants



Photographer: Andrew Harrer/Bloomberg
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DoorDash Inc., the U.S.’s biggest meal-delivery service, is launching a financing arm to offer business loans to restaurants on its app.  

With DoorDash Capital, merchants will be able to apply for financing to fund business operations such as purchasing equipment, paying rent, hiring and payroll, the San Francisco-based company said on Wednesday.