No. However, there is a concept of co-signing loans.
For example, many first-time home-buyers are unable to qualify for a mortgage, but often a parent is willing to co-sign. That means the bank thinks the home-buyer is not a good credit risk, but the co-signee, the parent, is willing to put their own wealth on the line. In this case, if the home-buyer fails to make the mortgage payments, the parent will have to cover the difference and may see their credit rating substantially impacted.
Co-signing a loan is almost always a terrible idea. Quite literally, the bank is saying the person is not sufficiently credit-worthy to take on the loan.
In your example, the company may be willing to co-sign loans, even though it's almost certainly a terrible idea for them. Alternatively, some companies are willing to offer a loan directly to the employee. This is rare but not unheard of, particularly for very large companies.