If is closed and is Cauchy in , completeness of gives , and closedness gives . Conversely, if is complete and lies in its closure, choose with . This sequence is Cauchy, so it converges in ; uniqueness of limits makes its limit . Thus is complete exactly when it is closed in .
Choose and iterate . The contraction mapping estimate
makes Cauchy by a geometric series. Its limit satisfies because is Lipschitz. Two fixed points would satisfy , so they coincide. This proves the Banach fixed-point theorem.
Now suppose the final assertion failed. There would be with . Since and is continuous, the two sides tend respectively to and , so . Uniqueness would give , a contradiction. Hence the required and exist.

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