DoorDash
Capital will allow merchants to use the delivery service’s app to apply for loans
that could be used to buy equipment, apply for business and liquor licenses, make
payroll and pay rent.
The company
has already made some loans, based on testimonials
included on its website.
“As we
continue to listen to our partners and adapt our services and offerings to meet
their needs, one key area where they have asked for support is quick and easy
access to capital,” Tom Pickett, the company’s chief revenue officer, wrote in
a blog post.
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