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EverCommerce Amends, Reprices and Extends Credit Facility

1. EVCM refinanced $529.4M term loan, extending maturity to 2031. 2. Interest rate reduced by 25 bps to SOFR + 2.25%. 3. Revolving credit facility maturity extended to July 20230. 4. Annual cash interest expense expected to decrease by $1.3 million. 5. This move improves cash efficiency and operational flexibility.

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FAQ

Why Bullish?

The refinancing and lowered interest rates enhance EVCM’s financial stability, similar to past examples where debt management positively impacted share prices.

How important is it?

The refinancing reduces interest expenses and lengthens loan maturity, critically improving EVCM's cash flow.

Why Short Term?

Immediate cost savings will likely boost investor sentiment in the upcoming quarters.

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BLKBTCOMPAYC
July 30, 2025 09:00 ET  | Source: EverCommerce Inc. DENVER, July 30, 2025 (GLOBE NEWSWIRE) -- EverCommerce Inc. ("EverCommerce" or the "Company") (NASDAQ: EVCM), a leading provider of SaaS solutions for service SMBs, announced today that it successfully repriced and extended the maturities of both the existing Term Loan B and Revolving Credit Facilities. The Company’s $529.4 million term loan facility was refinanced in its entirety with a new class of Term B-2 Loans extending the maturity for 3 additional years, through July 6, 2031. The repricing reduced the interest rate by 25 basis points to SOFR plus 2.25% and was priced at par. Additionally, with respect to $125 million of commitments under the Company’s existing revolver, the maturity date was extended to July 29, 2030, and the interest was reduced by 25 basis points to SOFR plus 2.00%. “In tandem with continued product and operational improvements related to our transformation and optimization program, we continue to optimize our capital structure to increase cash efficiency and flexibility,” said Ryan Siurek, EverCommerce’s Chief Financial Officer. “Today we were able to both reduce our expected annual cash interest expense by approximately $1.3 million and extend the term of our credit facility.” Additional details regarding the Amended Credit Agreement are available in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission today. Investor Contact:Brad KorchSVP and Head of Investor Relations720-796-7664ir@evercommerce.com Press Contact:Jeanne TroganVP of Corporate Communications512-705-1293press@evercommerce.com About EverCommerceEverCommerce (Nasdaq: EVCM) is a leading service commerce platform, providing vertically-tailored, integrated SaaS solutions that help more than 725,000 global service-based businesses accelerate growth, streamline operations, and increase retention. Its modern digital and mobile applications create predictable, informed, and convenient experiences between customers and their service professionals. With its EverPro, EverHealth, and EverWell brands specializing in Home, Health, and Wellness service industries, EverCommerce provides end-to-end business management software, embedded payment acceptance, marketing technology, and customer experience applications. Learn more at EverCommerce.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation, statements regarding anticipated annual interest cost savings and optimizing our capital structure to increase cash efficiency and flexibility. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, we may need to incur additional indebtedness or seek capital through new equity or debt financings in order to support the growth of our business as well as the other factors described in our Annual Report on Form 10-K for the year ended December 31, 2024 and updated by our other filings with the SEC. These factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

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