Skip to content

DoorDash Starts Financing Arm to Offer Loans to Restaurants

   

   

Photographer: Andrew Harrer/Bloomberg
Updated on

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.