Running most 3ph equipment is easy with a Rotary phase converter. Sounds like you can spend the money you were planning to spend on the mill on the converter instead.
This will open up a lot more possibilities for good deals in the future. I run half the machines in my shop off one.
You'll need to find out the cumulative hp of all the motors the machine has, and as a general rule, you'll want a rotary converter's idler motor to be approx double. Some machine that are hard starting and draw a lot of amps like compressors, require much bigger generators to run, but the 2x rule applies to most.
I initially used a home built converter, and that can be the cheapest way initially, but you can run into issues, and the power consumption can be much larger than a professionally built unit.
Most of the pros I know, recomnend the Gentec/American Rotary units, which have specially built Baldor motors without shafts designed specifically for these units. After I blew up my home built unit, I bought one on sale, 10hp, digitally controlled, cnc compatible, and its some of the best money I ever spent.
It runs great, quiet, and even though I went from a 5hp home built job, to a 10hp pro unit, my power consumption hasn't increased that I've noticed.
My only regret is that I didn't get a 20 or 25hp unit.
If you check them on ebay (american rotary sells direct and they have an ebay store) you can sometimes find some good sale prices.