Defender Marc Twaddle is returning to Falkirk after the Scottish Premier League club agreed a transfer fee with Partick Thistle.
The 22-year-old, who began his career at Rangers, left the Bairns two years ago in search of first team football.
Falkirk have also arranged season-long loan deals for Scottish youngsters in the English Premier League.
Winger Ryan Flynn, 20, arrives from Liverpool, along with Burnley's 19-year-old midfielder Alex MacDonald.
Flynn moved to Anfield from the Bairns for £75,000 in 2005 and has been a regular in the Reds' reserve side.
An FA Youth Cup winner in 2006 and 2007, he joined Wrexham on loan in November and scored four goals for the Welsh side in 21 appearances.
"I think Ryan is one of the best players in Scotland for his age and I think he'll prove that while he's here," manager Eddie May told BBC Scotland. "He's got fantastic talent and will make a big impact in the Scottish game.
"He can play in any of the forward positions and finds spaces that opponents find difficult."
MacDonald is the Scotland Under-19 captain and made six appearances as a substitute for Burnley's first team last season.
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