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@Khornight2
This is an idea i suggested to the providers my company has invited in, but basically as long as your company is using a provider and not doing it themselves (I can't see an advantage to a company doing it themselves), the provider (at least the three I've asked) will not allow it.
One sited that the hmrc will expect the full cost of the bike to be borne during the hire and that to change the numbers round would make hmrc charge as benefit in kind. I'm not sure how true this is as hmrc's documents on the subject are not the same as what they've told some of the larger providers!