If, like me you have sufficient electrical skills, you can do as I did, the last time my CL300 control board stopped working. I got one of these and adapted the PCB to replace the existing control board.
Admittedly, it's not as sophisticated as the proper control board. There is no speed feedback for example, but it ran my lathe for several months before I splashed out on a 3phase motor and inverter package because I had some spare cash at the time. It still works and is in the workshop, ready to replace the controller on the mini mill-drill, if that should decide to stop working.