The most common and most likely answer to this crossword clue is the 2 plus 3 plus 2 letter word BY WAY OF
I've seen this crossword clue in The Guardian
B
Y
W
A
Y
O
F
Buddy explains!
The straight part
We know that "As a substitute for" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case as a substitute for = by way of.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.