In this manuscript, for the purpose of investigating the coincidence best proximity point, best proximity point, and fixed point results via alternating distance ϕ, we discuss some multivalued (ϕ−Fτ)CP and (ϕ−Fτ)BP−proximal contractions in the context of rectangular metric spaces. To ascertain the coincidence best proximity point, best proximity point, and the fixed point for single-valued mappings, we reduce these findings using (Fτ)CP and (Fτ)BP−proximal contractions. To make our work more understandable, examples of both single- and multivalued mappings are provided. These examples support our core findings, which rely on coincidence points, as well as the corollaries that address fixed point conclusions. In the final phase of our study, we use the obtained results to verify that a solution to a Fredholm integral equation exists. This application highlights the theoretical framework we built throughout our study.