You're mixing up wood working and bonsai. The two are not interchangeable. You are unlikely to find a really decent alternative in the wood working world for Lime Sulphur in the gardening world. The borax can be toxic in the right concentration (and who knows what that is for a Redwood.) It also accumulates in the soil. No more comfort in the fact that Boron is also used as an herbicide....
LS, on the other hand, has been used for gardening applications for a century as a fungal treatment. It has a longer track record and its dilutions and applications in bonsai are pretty well known.