You are hiring your bike from Blike, but it´s your employer who transfers your salary sacrifice payments to us. There are up to four agreements involved in the process:
The regulated hire agreement itself, which in plain English sets out the equipment being hired from Blike, the costs & benefits and the requirements on both parties during the hire period;
The salary sacrifice agreement between the employee and the employer;
The master cycle-to-work agreement between the employer and Blike (one time only, when the Employer first enrolls into the scheme);