1. Negotiation with investors: Private equity fund managers need to negotiate with investors to determine the specific conditions and methods of bridge crossing or inferior priority, including interest rate, term, guarantee method, liability for breach of contract, etc.
2. Signing an agreement: After the two parties reach an agreement, they need to sign relevant agreements to clarify the rights and obligations of both parties and ensure the legality and validity of various conditions and terms.
3. Performance of guarantee: If the loan needs to be guaranteed, the private equity fund manager needs to fulfill the corresponding guarantee responsibility, provide sufficient collateral or provide a letter of guarantee.
4. Raising funds: According to the agreement, private fund managers need to raise enough funds within the agreed time to meet the needs of crossing the bridge or giving priority to the inferior.
5. Repayment on schedule: According to the agreed term and interest rate, private fund managers need to repay in full and on time to ensure that the interests of investors are fully protected.