May 4, 2012

Payment Solutions grows, charges ahead

Loveland – It sounds like an over-simplification, but Payment Solutions’ Ken Salazar insists the key to his company’s growth is in finding a need and filling it.

Salazar, a former investment banker, and his wife Amy decided in 2004 that they wanted to try their hand in the market for connecting merchants with banks to handle their credit-card transactions.

The Salazars procured a $10,000 loan from Amy’s parents to start the business. While Amy was working for her father to bring in income, Ken launched the business in Greeley in 2005 and moved it to Loveland in 2010.

The gambit panned out.

“We were…

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