Santander Consumer USA is doing more than just booking its own paper nowadays.

This week, SCUSA announced that it has been chosen as the primary servicer for LendingClub’s auto refinance portfolio.

According to a news release, LendingClub Bank has a direct auto refinance program that covers more than 94% of the U.S. population with individuals saving an average of $2,300 over the life of a contract.

“At Santander Consumer, we are proud of our best-in-class servicing platform and elevated standards of risk management and compliance,” SCUSA chief financial officer Erik Laney said in the news release. “We’re pleased to be working with LendingClub, a leader in the digital marketplace space, to deliver those standards to their customers”.

In addition to onboarding LendingClub’s new originations, Santander Consumer has converted all existing portfolios from the respective servicers, in an effort to provide a “superior and unified” experience for LendingClub’s auto customers across the country.

Today, Santander Consumer said it now services 12 portfolios for third parties with a total balance of around $20 billion across installment contract and lease products.

“Santander has a proven track record in auto loan servicing making them a perfect fit to handle our growing auto portfolio,” said Adam Crossan, vice president of auto at LendingClub. “Our shared passion for applying financial technology to help customers meet their personal financial goals makes this partnership with Santander Consumer an excellent fit.

“We know our customers are in good hands,” Crossan added.