Fund Loan Leads to Salon Opening

Comments (4) Posted By Joe on February 12, 2013 in Entrepreneur Directory

Edison mayor Antoinette Ricigliano (left) helps Fund client Patricia Moreno cut the ribbon on her new salon — Morgan’s Hair Mastery — during its grand-opening ceremony on Feb. 7th.

When Patricia Moreno enrolled in an Intersect Fund business training class almost three years ago, she’d been working as a hairdresser for others and looking forward to start a business of her own.

This month, the grand-opening of Morgan’s Hair Mastery marked the realization of Moreno’s dream.

Moreno moved slowly but surely toward her goal. She initially sought to pursue a partnership that eventually dissolved, and she registered the current iteration of her business in the spring of 2011.

She continued doing hair on a commission basis as she hatched plans for striking out on her own. Last summer, she found a suitable space in Edison and received an Intersect Fund loan to help fix it up.

Then, on February 7th — Moreno’s birthday — the business hosted its grand-opening. Moreno’s salon — Morgan’s Hair Mastery — is located at 246 Plainfield Avenue in Edison, N.J.


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