Moventum Fleet Management
oak brook, IL • Fleet Leasing
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Moventum Fleet Management, formerly Union Leasing, delivers comprehensive fleet lifecycle solutions designed for commercial enterprises. Leveraging over 70 years of industry experience, the company provides strategic planning, vehicle acquisition, flexible financing, and complete operational support. Services encompass detailed lifecycle modeling, financial analysis, precise vehicle specification, upfitting, titling, and registration. They also manage critical on-road services including fuel programs, maintenance, emergency roadside assistance, and risk mitigation. Moventum's approach focuses on transforming fleet operations into financial assets, ensuring efficiency, compliance, and reduced total cost of ownership. They cater to a broad spectrum of industries, including construction, utilities, HVAC, pest control, and industrial sectors, offering tailored programs that adapt to evolving business requirements. Headquartered in Oak Brook, IL, Moventum serves clients nationally with dedicated account teams, guiding every stage from initial acquisition through remarketing to maximize asset value.
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Illinois Fleet Leasing Standards
Standard statutory & contractual benchmarks governing procurement in Illinois:
Commercial fleet operations across Illinois require strict adherence to gross weight classifications. Vehicles rated between 10,001 and 26,000 lbs operate without a CDL but require active DOT medical cards and electronic logging devices (ELD), while units over 26,001 lbs require certified CDL drivers and IFTA reporting.
Enterprise fleets in Illinois leverage open-end Terminal Rental Adjustment Clause (TRAC) structures. This preserves operational capital, shifts residual asset risk favorably to commercial operators, and allows companies to deduct monthly lease charges as operational expenditures under ASC 842.
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Google Review Sentiment & Client Excerpts
“Moventum Fleet Management faces significant challenges in service quality and operational organization. Customers report slow response times and staff attitude issues, contrasting with past positive experiences.”
Horrible service. They used to be great. Had zero issues. I have been struggling with them for 3 years now. You can tell they are working from home and not working.
For the most part they are easy to work with. Would give a better review but one of their adjusters got an attitude with me about how long it was taking us to do a certain repair. 1st of all its none of his business how long it takes us to fix a car..... 2nd of all everyone in the Automotive field knows that parts are hard to get and on back order because of the pandemic.
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