Mission Viejo Ornamental Iron, Inc. in Rancho Santa Margarita was founded in 1992 by Reza Honarvar. Approximately 15 years ago, his son Neema Honarvar took over the business. The company manufactures and installs balcony railings, staircases, fences, gates and other ornamentaliron products for both residential and commercial construction and improvement projects. However, much of its business is reliant on its work for Western National Builders, one of the largest contractors for the Irvine Company, a high-end mixed use developer.
Mission Viejo Ornamental sought a line of credit to facilitate work on other contracts and diversify its client base. SBDC-OC was able to provide such assistance through a state guarantee backing a loan from City National Bank.