Dunfermline say outstanding player salaries from November have now been settled.
The First Division club have also met their tax latest deadline by paying £50,000 to HM Revenue and Customs.
is being launched with the aim of easing the Pars' cash-flow problems.
"We are working to a plan and are now moving into a better period," said director Gavin Masterton, who thanked fans for their contribution.
"As a result of having a home game on Saturday, donations from fans, and some great fundraising by supporters groups, we have been able to address some of the outstanding issues.
"None of course is more important than paying our players and staff and I am delighted to say that we will manage to do that by the close of play tomorrow.
"It means that they can all enjoy Christmas, and I want to pay tribute to each and every one of them because both on and off the park they have all given 100% without question. They are a credit to the club and to their profession."