Bury have had their transfer embargo lifted by the Football League.
It had been in place since 10 December,
after the League One club received a short-term loan from the Professional Footballers' Association.
In a short statement on Friday, the Shakers confirmed that the loan had been repaid in full.
Manager Kevin Blackwell, who could only name four substitutes for their
1-1 draw at MK Dons on Saturday,
is now free to sign new players.
The statement on Bury's official website
read: "The club can confirm that the loan taken from the PFA has been repaid in full.
"As a result of this repayment, the transfer embargo applied to the club by the Football League has been lifted.
"The club are now free to sign players as required."
Blackwell had previously voiced concerns
about Bury's financial health and was unable to guarantee that senior players would not be sold during the January transfer window.
The Shakers, who are
22nd in League One,
were due to face Stevenage on Saturday but the
match has been postponed because of a frozen pitch.