Association «Ukrainian Union of Lessors» (UUL) was founded in 2005 as a voluntarily union of professional participants of leasing market. The Association’s primary objective was to «promote development of the opened and equal-accessible market of operational and financial leasing in Ukraine by co-ordination of enterprises’ activity, which had united in order to protect their general interests». At the same time it was proclaimed, that the union will not serve for achievement of any agreements between its members concerning the distribution of leasing market.