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                                                                   EXHIBIT 10.72


                                   TERM B NOTE



$1,125,000.00                                               Dated:   May 2, 2000
                                                            New York, New York

            FOR VALUE RECEIVED, Decora, Incorporated, a Delaware corporation
(the "Borrower"), HEREBY PROMISES TO PAY to the order of Ableco Finance LLC (the
"Lender") (i) the principal amount of ONE MILLION ONE HUNDRED TWENTY-FIVE
THOUSAND AND 00/100 DOLLARS ($1,125,000.00), or if less, the aggregate unpaid
principal amount of the Term Loan B (as defined in the Financing Agreement
hereinafter referred to) made by the Lender to the Borrower, payable in such
installments and at such times as are specified in the Financing Agreement, and
(ii) interest on the unpaid principal amount hereof from the date hereof until
all such principal amount is paid in full, at such interest rates, and payable
at such times, as are specified in the Financing Agreement.

            Notwithstanding any other provision of this Term B Note, interest
paid or becoming due hereunder shall in no event exceed the maximum rate
permitted by applicable law. Both principal and interest are payable in lawful
money of the United States of America in immediately available funds to The CIT
Group/Business Credit, Inc., as administrative agent (the "Administrative
Agent"), at its office located at 1211 Avenue of the Americas, New York, New
York 10036 or such other office as the Administrative Agent may designate.

            The Term Loan B made by the Lender to the Borrower pursuant to the
Financing Agreement, and all payments made on account of principal hereof, shall
be recorded by the Lender and, prior to any transfer hereof, indorsed on the
schedule attached hereto which is a part of this Term B Note.

            This Term B Note is a registered Note and, as provided in and
subject to the terms of the Financing Agreement, this Term B Note and the Term
Loans B evidenced hereby may be transferred in whole or in part only upon
surrender of this Term B Note to the Borrower for registration of transfer or
exchange (and in the case of a surrender for registration of transfer, duly
endorsed or accompanied by a written instrument of transfer, duly executed by
the registered holder of this Term B Note or its attorney duly authorized in
writing), at which time a new Term B Note for a like principal amount will be
issued to, and registered in the name of, the permitted transferee as provided
in Section 12.07(b) of the Financing Agreement. Reference in this Term B Note to
a "holder" shall mean the person or entity in whose name this Term B Note is at
the time registered in the register maintained by the Borrower as provided in
Section 12.07(b) of the Financing Agreement and, prior to due presentment for
registration of transfer, the Borrower may treat such person or entity as the
owner of this Term B Note for the purpose of receiving payment and all other
purposes, and the Borrower will not be affected by any notice to the contrary.

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            This Term B Note is one of the Term B Notes referred to in, and is
entitled to the benefits of, the Financing Agreement dated as of May 2, 2000 (as
amended or otherwise modified from time to time, the "Financing Agreement"), by
and among Decora Industries, Inc, the Borrower, the financial institutions from
time to time party to the Financing Agreement (each a "Lender" and collectively,
the "Lenders"), the Administrative agent, and Ableco Finance LLC, as collateral
agent for the Lenders. The Financing Agreement, among other things, contains
provisions for the acceleration of the maturity of the unpaid principal amount
of this Term B Note upon the happening of certain stated events of default and
also for prepayments on account of principal hereof prior to the maturity hereof
upon the terms and conditions specified therein. The Borrower hereby waives
presentment for payment, demand, protest and notice of dishonor of this Term B
Note.

            This Term B Note shall be governed by, and construed and interpreted
in accordance with, the internal laws of the State of New York applicable to
contracts made and to be performed therein without consideration as to choice of
law.


                                            DECORA, INCORPORATED


                                            By:_________________________________
                                               Name:____________________________
                                               Title:___________________________

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                              DECORA, INCORPORATED

                     TERM LOAN B AND REPAYMENT OF PRINCIPAL



         Amount               Principal             Principal          Notation
     of Term Loan B        Paid or Prepaid           Balance           Made By
     --------------        ---------------          ---------          --------