BENJAWOOD Trading and production Company represented by TMD LLC was registered in Rostov-on-Don in October 2017. For two and a half years since its foundation, the company has managed to launch its own production of thermal modification of wood and its processing from scratch and to debug the production of high-quality molded products from various types of wood.

A new, little-studied direction in the woodworking market, the lack of approved standards, and the market that is just beginning to form did not prevent the company from launching its activities, gradually gaining vast experience at the same time with an impeccable reputation.

During heat treatment, the use of chemicals is excluded, insects die, the removed sugar does not allow mold and rot to start, which generally makes the products eco-friendly. To this should be added increased resistance to weather conditions, which makes it possible to build houses, baths and saunas all year round, make garden furniture, terrace floors and much more.

In order to expand its own production and to create a significant increase in the turnover of products supplied to large retail chains, the company decided to study the issue of attracting additional borrowed funds. This will allow us to fully implement the project of working with marketplaces launched on our own in 2020 to sell desktop wooden toys (the first in the range was the beloved tower, known around the world as jenga), produced under our own brand Benjawood from environmentally friendly and aesthetic material of different breeds of thermal wood, which is also a product of our own production.

The increase in the volume of products produced is due to the ever-growing demand for wooden toys, but this has required the purchase of additional specialized equipment, an increase in the volume of raw materials purchased, an increase in the cost of maintaining and training personnel, and other costs.

Thanks to Internet resources, the company learned about microloans issued by the Rostov Municipal Fund for Business Support on acceptable terms, and applied for funding. Then they offered it at a reduced rate and with deferred payment. To get the coveted amount, there was not enough own security. Then the RMF PP offered to use the services of a partner-the Guarantee Fund of the Rostov Region.

This is another living example of how national and regional projects to support entrepreneurs are implemented. The lack of its own collateral did not interfere with the receipt of funds, the guarantee covered 43% of the collateral for the loan, and the company was able to implement its plans. «The loan was provided by the MCC RMF PP, the loan is secured by the NGO „Guarantee Fund RO”».

You can learn about the Fund's warranty products by subscribing to the website https://dongarant.ru/. Our specialists are always ready to advise you by phone +7 (863) 280-04-06, by the hotline of the business support center «My Business» 8-804-333-32-31.