Exhibit 10.7
                           IMAGINE INVESTMENTS, INC.
                          8150 NORTH CENTRAL EXPRESSWAY
                                   SUITE 1901
                               DALLAS, TEXAS 75206

October 1, 2003

Wickes Inc.

705 N. Deerpath Drive,

Vernon Hills, Illinois 60061

Attn: President and Board of Directors

         Re: $10.5 Million Loan
             ------------------

Gentlemen:

     Imagine  Investments,   Inc.  or  one  of  its  affiliates   (collectively,
"Imagine")  proposes  to make a loan of up to  $10.5  million  (the  "Loan")  to
Wickes,  Inc.,  ("Wickes") on the terms and conditions set forth in this letter.
The terms of the Loan shall be as follows:

          1. Amount. The amount of the Loan shall not exceed $10.5 Million.
             ------

          2. Term.  The Loan shall come due on July 30, 2005;  however,  Imagine
             ----
     shall  have  the  right  to  extend  the term of the Loan for up to one (1)
     additional one (1) year, at its sole discretion. The Loan may be prepaid at
     any  time  without  premium  or  penalty,  provided  that in the  event  of
     prepayment the conversion or exercise rights described in Paragraph 6 shall
     survive  until  the  later  to occur  of the one  year  anniversary  of the
     maturity  date of the Loan or 30 days  after  the date on which the Loan is
     repaid.

          3. Interest  Rate. The Loan shall bear interest at the rate of 10% per
             --------------
     annum, payable monthly

          4. Security.  The Loan shall be secured by a security  interest in all
             --------
     of  Wickes'  inventory  and  receivables,  second in  priority  only to the
     existing  bank  revolving  credit  and  term  loan  facility  which  Wickes
     presently has in place and which has an unpaid balance of approximately $65
     Million as of the date hereof (the "Bank Loan"). It shall be a condition to
     the  making  of the  Loan  that the  holder  of the Bank  Loan  shall  have
     consented  to the Loan and the  foregoing  security  interest to secure the
     Loan, in form and substance satisfactory to Imagine. Imagine shall not have
     any  obligation  to make the Loan  unless the value,  at the closing of the
     Loan,  of Wickes'  "good and current"  inventory  and  accounts  receivable
     securing  both the Bank Loan and the Loan  exceeds  the balance of the Bank
     Loan by at least $30 Million (the "Excess Value"). Imagine and Wickes shall
     agree upon a formula for  determining  the value and eligibility of Wickes'
     inventory and  receivables  for this purpose,  that must be satisfactory to
     Imagine in alt respects.  Wickes has  represented to Imagine that the value
     of  Wickes'  "good  and  current"  inventory  and  accounts  receivable  is
     approximately  $106  Million.  Wickes shall agree not to take an additional
     draw on the Bank Loan if such draw  would  reduce  the  Excess  Value to an
     amount that would be less than $30  Million.  If the Excess Value were ever
     to be reduced or fall below $30  Million it shall be a default on the Loan.
     Wickes must obtain all other  consents  necessary for the Loan, in form and
     substance satisfactory to Imagine.

<PAGE>2


          5. Covenants. The Loan shall be documented in a manner consistent with
             ---------
     commercial  loans of this size and nature and which shall contain  numerous
     affirmative  and negative  covenants,  all of which must be satisfactory to
     Imagine.

          6.  Conversion.  The Loan shall be convertible (at all times until the
              ----------
     extended  maturity  date of the Loan  regardless  of any  prepayment of the
     Loan) into common  stock of Wickes at the rate of $1.00 of Loan balance per
     one (1) common share of Wickes.  Alternatively,  at Imagine's  option,  the
     Loan shall not be  convertible,  in which  case at the  funding of the Loan
     Wickes shall issue to Imagine a warrant (the  "Warrant")  to purchase at an
     exercise  price of $1.00 per  share a number  of shares of common  stock of
     Wickes equal to the principal  amount of the Loan.  Wickes shall  authorize
     the  creation of a  sufficient  number of common  shares and shall agree to
     reserve such shares for the potential conversion of the Loan or exercise of
     the Warrant into shares of common stock of Wickes.  Imagine  shall not have
     any obligation  whatsoever to exercise such  conversion  rights or exercise
     the Warrant and if it does not do so, the Loan shall remain due and payable
     in  accordance  with its terms.  If prior to the repayment or conversion of
     the Loan or exercise of the Warrant  Wickes  issues any other shares of its
     common  stock,  or any  instrument  convertible  into  shares of its common
     stock,  or any  warrants,  rights or the like to purchase  shares of common
     stock of Wickes (except for the grant of options to officers, directors and
     employees of Wickes to purchase up to 1,000,000 shares of common stock, and
     the  exercise of such  options by,  officers,  directors  or  employees  of
     Wickes; provided, however, that such options may not be exercised if and to
     the extent the  exercise  thereof  would result in a reduction of Imagine's
     ownership  of the  outstanding  common  stock of Wickes to less than 50.1%,
     unless Imagine agrees otherwise), at a price of less than, $2.00 per common
     share of Wickes,  the conversion or exercise price shall be reduced so that
     the number of shares of common stock issuable to Imagine upon conversion of
     the Loan or exercise of the Warrant shall  represent the same percentage of
     issued and outstanding shares of common stock that would have been issuable
     to Imagine  (calculated on a fully diluted basis) if shares of common stock
     had not been issued at a price of less than $2.00 per share.  Wickes  shall
     grant  Imagine  customary  demand and  piggyback  registration  rights with
     respect to all of the shares of Wickes common stock issued  pursuant to the
     conversion  of the Loan or the  exercise of the Warrant,  if either  should
     occur,  as well as all  other  shares of  common  stock of Wickes  owned by
     Imagine. The Loan documents shall contain standard anti-dilution provisions
     with respect to such Wickes shares.

          7. Use. The Loan proceeds  shall not be advanced  until,  and shall be
             ---
     used solely for the purpose of funding,  the closing and  consummation of a
     tender  offer or other offer to  reacquire or  repurchase  the  outstanding
     unsecured  bonds  issued by Wickes that are due in  December  of 2003,  and
     which have an unpaid principal balance of $21.0 Million (the "Bonds"), at a
     purchase  price in cash of not more than $0.50 on the dollar per Bond, or a
     total of $10.5 Million with respect to all of such Bonds (the "Offer").  It
     shall be an additional  condition to Imagine's  obligation to make the Loan
     that at least  95% of these  Bonds  (by  dollar  amount)  shall  have  been
     reacquired by Wickes and cancelled,  simultaneously with the finding of the
     Loan. It shall be within the sole  discretion  of Imagine  whether to waive
     this  condition,  and any other of the conditions with respect to the Loan.
     Imagine  understands  that,  as an  alternative  to the cash  tender  offer
     described above, Wickes may want to offer an exchange to the holders of the

<PAGE>3


     Bonds (the "Bondholders");  accordingly, Imagine would not object to Wickes
     proposing to issue new bonds in exchange for the Bonds, on the basis of not
     more than $1.00 of new bonds for each  dollar of Bonds  tendered to Wickes;
     the new  bonds  shall  have a term of not less than two (2) years and shall
     bear interest at a rate not higher than 10% per annum.  In the event any of
     the  Bondholders  accept this offer to exchange  Bonds for the new bonds of
     Wickes,  the amount of the Loan shall be reduced by $0.50 for each $1.00 of
     Bonds so redeemed and  cancelled.  Any changes in these terms shall require
     Imagine's consent, which consent may be withheld for any reason.

     8.  Conditions.  It shall be a  condition  to the  making  of the Loan that
         ----------
Imagine  shall have reviewed and shall be satisfied in all respects with Wickes'
financial condition and that no material adverse change shall have occurred with
respect to Wickes.  Wickes shall supply all of its  financial  and other data to
Imagine  promptly as requested.  It shall be a further  condition  that the Loan
must be funded by no later than December 12, 2003;  otherwise Imagine may cancel
this commitment.

     9. Loan  Documentation;  Attorneys' Fees. All of the Loan documentation for
        -------------------------------------
the Loan, shall be prepared by counsel of Imagine's choosing,  and all the terms
and conditions of which shall be satisfactory to Imagine in its sole discretion.
Wickes agrees to pay the  reasonable  fees and expenses of Imagine's  counsel in
conjunction with  negotiating and documenting the loan,  whether or not the Loan
is ever funded.

     10.  Confidentiality  and  Public  Announcements.  Except  as  required  by
          -------------------------------------------
applicable  law or the rules of any stock  exchange  or  NASDAQ,  neither  party
hereto  shall  disclose  or  permit  their   respective   officers,   directors,
representatives, agents or employees to disclose the terms of this letter to any
third  party  without  the prior  written  consent  of the other  party  hereto;
provided,  however Imagine may make such disclosure to any of its affiliates and
to Consolidated National Corporation and its shareholders.

     11.  Applicable  Law. This Agreement shall be governed by and construed and
          ---------------
enforced in accordance  with the internal laws of the State of Illinois  without
giving effect to the principles of conflicts of law thereof.

     12.  Conditions.  In addition to the other  conditions set forth above, the
          ----------
proposed  transactions  (other then the payment of  attorneys  fees  pursuant to
paragraph  9) are subject to the  approval of the board of  directors  of Wickes
within,  3 days  after the date of this  letter  and of the  senior  lenders  of
Wickes,  and  the  execution  of the  definitive  documentation  evidencing  the
proposed transactions, subject to the terms and conditions expressed therein.

     13.  Entire   Agreement.   This  commitment   letter  contains  the  entire
          ------------------
understanding  between the parties with respect to the subject matter hereof and
supercedes any prior  understanding  or written or oral agreements  between them
respecting such subject matter.

     If Wickes  desires to accept  this  commitment  for the Loan as outlined in
this letter,  please  countersign  the copy of this letter where indicated below
and return it to me at the address  set forth above by no later than  October 2,
2003.

<PAGE>4





         We look forward to hearing from you regarding this matter.



                                           Very truly yours,


                                           Imagine Investments, Inc.


                                        By:__________________________________
                                           Robert T. Shaw, President






     Wickes  hereby  accepts  this  commitment  for the Loan as outlined in this
letter and agrees that it is legally bound by the terms of this letter.



                                           Wickes Inc.



                                        By:  __________________________________


                                        Title: ________________________________


                                        Date:  October _, 2003