Updated on 12/17/2021
5 Star Legal Funding is based in New York and was founded in 2006. They advertise a 16% simple, non-compounding rate with a cap on the accrual of interest. That means that the amount you pay back to 5 Star Legal Funding will not exceed two times the advance amount after a certain point in time. The low, simple rate and cap on repayment terms places 5 Star Legal Funding among lawsuit loan providers with the lowest rates in the industry.
They offer pre-settlement funding, settlement loans, surgical funding, and attorney funding. They can provide pre-settlement funding to residents of most states in the US. 5 Star Legal Funding is closely related to US Claims. They offer direct funding and funding in partnership with US Claims.
5 Star Legal Funding Pre-Settlement Funding Facts
- Advance Range: 10% to 15% of the expected value of your claim (after attorney’s fees)
- Approval Time: Approval usually within one business day
- Broker or Funder: Funds directly and in partnership with US Claims
- Case Type Focus: Personal injury, car accidents, dog bites, medical malpractice, workplace accidents, premises liability, civil rights, FELA, Jones Act, wrongful death, employment, assault and battery, nursing home negligence, product liability, defective medical devices, defective pharmaceutical drugs, law firm financing
- Workers’ Comp Funding? No
- Funding Type: Non-recourse (no-win / no-pay)
5 Star Legal Funding Reviews
- Google Rating: 3.90 / 5.0
- Yelp Rating: NA / 5.0
- BBB Average Customer Review: NA / 5.0
- BBB Rating: A+, not accredited
- BBB Complaints: 0
lowered their liens. 5 Star refused too. I don’t see how they can keep their name. What a joke! All they want is your money. Nasty too!
If you’re reading this go with another company please!!
Click below to see state laws and which other companies provide funding in your state. Don’t see your state? Click here to see which companies provide lawsuit funding in your state.
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
5 Star Legal Funding Social Profiles
More About 5 Star Legal Funding
- Website: 5 Star Legal Funding Official Website
- Phone Number: (516) 599-4000
- Email: [email protected]
- Ownership / Leadership: Jay Kobak and Robert Gentili
- Related Companies: US Claims
- Address: 333 Jericho Turnpike, Suite 324, Jericho, NY 11753
Applying With 5 Star Legal Funding
How fast can I get funding from 5 Star Legal Funding?
Funding can be approved in as little as one business day.
How much does 5 Star Legal Funding charge?
5 Star Legal Funding advertises as rate of 16% every 6 months, non-compounding.
How is 5 Star Legal Funding rated?
5 Star Legal Funding has a 4.2 out of 5.0 rating on Google.