Suppose first that the bounded Fredholm operator has Fredholm index zero. Put and . These finite-dimensional linear subspaces have the same dimension. The restricted map is a bounded bijection, with bounded inverse by the bounded inverse theorem. Choose an isomorphism and extend it by zero on , writing the resulting finite-rank operator as .
Relative to the orthogonal decompositions and , the operator is the direct sum of and the invertible restricted map. Thus is invertible, and is the sum of an invertible operator and a compact operator.
Conversely write with invertible and compact. It suffices to treat with . A compact operator on a Hilbert space admits arbitrary operator norm approximation by finite-rank operators: take a finite epsilon-net of its unit-ball image and project onto the span of the net. Choose of finite rank with , put , and factorThe first factor is invertible by the Neumann series. Set and , a finite-dimensional linear subspace. On , the second factor has block formLeft multiplication by the invertible block matrix reduces it to . Its range is closed, and its kernel and cokernel have equal dimension by finite-dimensional rank-nullity theorem for . Invertible factors preserve all these properties. Hence is a Fredholm operator of Fredholm index zero, proving both directions:
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