Santander Consumer Finance (SCF) has become the UK financial partner for McLaren Financial Services, following the end of the carmaker’s previous white label agreement.

Financing will cover both new and used vehicles. The partnership comes following McLaren’s plans to open retail outlets in eight more locations in the UK.

The partnership replaces the white label agreement McLaren Financial Services had with JBR Capital since 2015.

Stewart Grant, SCF commercial director, said: “We are proud to be working with a world-renowned and local brand that is powered by uncompromising design and engineering innovation.

“We share a commitment to developing long-term relationships with our customers and our aim is to extend McLaren’s product and service excellence so that new customer segments can experience the unique thrill of owning a McLaren supercar.”

McLaren sold 550 cars in its UK home market in 2017.