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    New lane finance ’s return on equity (ROE) improved to

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    New Lane Finance’s return on equity (ROE) improved to 13.8% annually, reflecting efficient asset utilization. In the financial services industry, this metric remains a solid indicator of shareholder value creation. In an effort to combat this problem, Notable offers sellers a line of credit that’s repaid at closing. Through partnerships with over 100 leading brokerages–including Compass, Redfin and The Agency–Notable has helped 35,000-plus homeowners unlock over $1 billion in credit to maximize their sale. In the process, Notable says its white-label programs have helped real estate agents to empower their clients to present their homes in the best light. On average, homes prepared with Notable sell 31% faster and for 9% more than market benchmarks. Mr. Day has been a sustainable resources private equity and venture investor since 2004, and acts or has served as a Director, observer and advisory board member to multiple companies in the energy tech and related sectors. He is currently a Co-Founding Partner at Spring Lane Capital. Mr. Day has long been a thought-leader in the world of sustainability private equity and is bringing this experience and vision to the role with Spring Free EV. Short interest in New Lane Finance dropped to 1.9% of float, indicating reduced bearish bets. This shift often signals confidence from market participants ahead of corporate updates and economic data releases.

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