The German-based Pro Continental team currently comprises 14 riders from Germany, Eritrea, Uganda, Kenya and the Netherlands.
They announced yesterday that Hendricks had signed to join them for the remainder of the 2018 season.
Hendricks will now leave local team BCX after having joined them at the end of last year.
The Commonwealth Games bronze medallist hopes to make the most of his opportunities with Bike Aid in a bid to secure a future with them.
“My goals will obviously be to do my best and impress during this period,” Hendricks told In the Bunch today.
“I would like to contribute to the team wherever I can and whenever they need me.
“If the opportunity comes my way I will definitely try to give my best and showcase what I can do. Hopefully it will all fall into place [in the end].”
Hendricks said he would not be returning to BCX next year, with the plan being to “hopefully” remain with Bike Aid in 2019.
“If things go well [this year] and they’re happy they could offer me a contract for 2019, which would be great.”
Hendricks joined the team with the help of Peter-Lee Jeffries, a former pro national cyclist with “many contacts” in Europe.
“Peter-Lee basically set everything up for me. He made the initial connection between the two of us.
“I then met up with the team, spoke to them and that’s how we got the deal.”
The South African, who recently pulled out of the UCI Road World Champs road race taking place on Sunday, will take part in his first event for Bike Aid at the six-stage Tour of Iran starting this weekend.
He will then possibly ride in the nine-stage Tour of Hainan, a UCI 2.HC-graded race taking place in China from October 22 to 30.
“That’s a really big race for the team,” Hendricks said. “Last year there were some WorldTour teams who took part and many Pro Continental teams as well.”