HITC Sport understands that the Hammers are looking to find a Football League side willing to offer the youngster game time.
The Hammers beat a number of clubs to land the highly-rated 20-year-old from Hamilton Academical over the summer.
The East London outfit signed Hendrie with the future in mind and are hopeful he can soon put pressure on England prospect Aaron Cresswell.
HITC Sport understands that West Ham have fielded a number of enquiries for him and that he is likely to leave on loan in the coming weeks.
Hendrie was a regular during his time with Hamilton, making over 100 appearances for the club, so he will be eager to find game time somewhere in order to prevent his development from stagnating.