---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-197034"
form_type: "8-K"
ticker: "EVER"
cik: "0001640428"
company_name: "EverQuote, Inc."
filed_at: "2022-07-19T23:59:59+00:00"
generated_at: "2026-06-24T12:22:26.923881+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# EverQuote ups credit line to $35M and secures $10M term loan through June 2027

## Summary
- Revolver increased from $25M to $35M, matures July 15, 2025; interest at greater of 4.25% or prime.
- New term loan of up to $10M drawable by Dec 31, 2023, maturing June 30, 2027; interest at prime +0.25%.
- Covenants: asset coverage ratio ≥1.5x through Dec 2023; thereafter fixed charge coverage ≥1.25x and leverage ≤3.0x.
- Borrowing base: up to 85% of eligible accounts receivable; collateralized by substantially all assets.
- Facility fees of $52,500 (revolver) and $25,000 (term loan) paid at closing.

## SEC filing metadata
- accession: 0001193125-22-197034
- form_type: 8-K
- ticker: EVER
- cik: 0001640428
- company_name: EverQuote, Inc.
- filed_at: 2022-07-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640428/000119312522197034/0001193125-22-197034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640428/000119312522197034/d338641d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-197034
- JSON: https://secwatch.observer/filing/0001193125-22-197034.json
- Plain text: https://secwatch.observer/filing/0001193125-22-197034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.