Memphis Musician Loan Program Awards First Loan
By Andy Meek
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Memphis musician and Beale Street fixture Eric Hughes is finishing his latest album with help from a non-traditional source.

His group, The Eric Hughes Band, is the first recipient of a Slim’s Front Loan – a new finance product tailored for Memphis musicians that’s the result of a partnership between River City Capital Investment Corp. and the Memphis Slim Collaboratory.
The new program is still in its pilot phase. It was set up to support local musicians like Hughes who might not have any financing alternatives, or who might otherwise choose a high-cost, high-interest rate alternative.
Launched in December, the loan is meant to cover the cost of things like touring, recording and merchandise. For Hughes, the $5,000 loan is supporting production related to his forthcoming fifth record.
The loan terms make it clear it’s a product meant especially for working musicians. The maximum loan is $5,000 and carries an interest rate of only 5 percent for members of the collaboratory – also known as the “Slim House.” For Slim House members who are also Soulsville residents, the interest rate is 3 percent.
The loan program is taking applications for other musicians who could likewise put the money to use. In addition to being members of the collaboratory, eligible applicants must, among other things, provide a work history, a performance history and a repayment plan that shows they’d be able to pay the money back over an 18-24 month period.
The applications are also reviewed and voted on by a loan committee comprised of local musicians, producers and community bankers.
“We’re looking for artists who are serious about their career in music,” said River City Capital business development officer Tracy Buckley. “This loan was created to help build up the music economy.
“Eric Hughes, he’d been gigging for a while – been all over Beale Street – and he needed a small capital injection to get his fifth CD off the ground. Our money went to help him with studio time, with pressing his CDs, and he’s working on that album now.”
Pat Mitchell Worley, as part of her efforts to market the Slim House, told The Daily News at the launch of the loan program that the Slim House – which loan applicants must be part of – is working hard to, as she puts it, be a kind of “community center” for local musicians.
In addition to having access to the Slim House studio, that means the availability of things like space and equipment rental. As part of the Slim House’s mission – to gather musicians, to bring them into Soulsville, to collaborate with each other and work together – Worley also saw a need to create programming that addressed some of those artists’ needs.
The Slim House is the redevelopment home where celebrated bluesman Memphis Slim was born. Today, it’s a membership-based recording studio in Soulsville that opened in April 2014. Its membership now tops 100 people, and it offers access to everything from workshops to studio sessions, performances and rental space.
What it and things like the loan program also represent is a continual building up of resources and infrastructure in Memphis for musicians, such that they’re hopefully able to pursue a career here and not have to leave for an even bigger music town to do so.
“The Slim House is kind of like a professional development resource for musicians,” Buckley said. “We want to be a one-stop shop for them.”
 

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  • Al Schmidt

    Al Schmidt Mt. Horeb, WI

    Loved your show at LaFayette’s Music Room! Thanks for keeping the Blues alive Eric! Come up to Wisconsin again soon...

    Loved your show at LaFayette’s Music Room! Thanks for keeping the Blues alive Eric! Come up to Wisconsin again soon...

  • Eric Danial Hughes

    Eric Danial Hughes Seattle Washington

    ERIC HUGHES IS MY NAME. here is something, Eric Hughes harmonica blues!

    ERIC HUGHES IS MY NAME. here is something, Eric Hughes harmonica blues!

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Airplay In Italy For The Eric Hughes Band



Rock 'n' Blues Today playlist (RadioRCC):
on air 16/07/13 time 9.00 pm
and 19/06/13 time 8.00pm (replica)
Artist/track/Label


1 Erwin Helfer - Big Joe (The Sirens)
2 Mark Lindsay - Ghost of a girl (Bongo Boy)
3 Ballroom Kings - Nite life boogie (BK)
4 Randy Scott - Ramblin man blues (Favored Nations)
5 Candye Kane - Rock me to sleep (Vizztone)
6 Marshall Lawrence - Death's black train (Self Release)
7 The Royal Rhythmaires - Baby (Rhythm Bomb)
8 Greg Izor - Jail (Tangle Eye)
9 Buddy Guy - Meet me in Chicago (RCA)
10 Nerves and Muscles - 3.45 euros (HnB)
11 Veronica Sbergia e Max De Bernardi - Gonna lay down (T.U.)
12 Mike Sponza - I can't get out of my mind (Blue Tattoo)
13 Eric Hughes - Going to Brownsville (I-55)
14 Joice Walton - What you give is what you get (Pinnacle)
15 Sarah McKenzie - I won't dance (ABC)
16 Quintorigo - Spanish castle magic (MMN)
17 Jimi Hendrix - Long hot summer night (MCA)



 

Press Release, "Drink Up!"

“FOR IMMEDIATE RELEASE”

For more information, contact eric@erichughesband.com or call (901) 857-1904

ERIC HUGHES BAND QUENCHES THIRST FOR MEMPHIS MUSIC WITH NEW CD: “DRINK UP!”

Memphis native and Beale Street veteran Eric “Scrappie” Hughes celebrates the release of his fourth CD “Drink Up!”, which has earned gleaming reviews as well as airplay on over hundreds of blues radio shows throughout the world. Hughes and his band, who always appear to be celebrating, have plenty to be excited about as their CD continues brisk sales, critical acclaim, and a place in the hearts (and CD players) of blues fans world wide.“Drink Up!”, which is available at www.erichughesband.com, iTunes, and CD Baby, has captured the sounds and feelings of someone who has grown up in Memphis, listening to its varied and diverse music. Complimenting the prominent blues flavor are undertones of soul, funk, rock, and folk music.. Hughes attributes much to the bluesmen who taught and influenced him: James “Son” Thomas, Junior Kimbrough, Honeyboy Edwards, and Bind Mississippi Morris have all been either teachers of, or influences on Hughes. Hughes spent a few years in the Memphis Songwriters Association, learning the art of writing songs. Since 2001, Hughes has been a regular performer in the clubs on Beale Street, playing 3 to 5 nights a week, either solo, as a duo, or with the Eric Hughes Band.Living Blues Magazine called Hughes and company: “…guaranteed crowd-pleasers.”In 2005, Hughes formed the Memphis Blues Society, and served as its first president. Hughes was recently honored with a lifetime membership to the Memphis Blues Society.His fourth CD release, “Drink Up!” features Hughes as songwriter on nine of the eleven tracks. Cascade Blues Society called Hughes “…a master on guitar, harmonica, and vocals- he is also a crafty wordsmith when it comes to songwriting.”Pat St. John of B.B. King’s Bluesville radio show remarked: “…man, this guy can blow that harp!” Eric Hughes can be found most nights in one of Beale Street’s clubs, where he plays solo/acoustic, as half of a jug-band duo, or with the Eric Hughes Band. Hughes has said, “if I hadn’t been born here, I sure would have moved here!” of his beloved here in Memphis.

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