Can BC Generate an invoice with the customers payment information without actually processing it.

I am trying to set up our E-shop using BC. We have a very ancient Point of sales/Inventory system so to sync our system with BC wouldn't be possible so what I would like to do is use BC E-commerce system to generate invoices and collect the payment information from the customers and have it sent to me and the customer and then I would process this physically.
Is this possible?

Take a look at the System Emails - Drop Shipping.  This is the one you'll receive if you're the supplier.
Actually come to think of it, simpler still.... 
... the workflow notifcation for online orders contains the Invoice details.
Under a relevant workflow in 'Manage Workflows'; you tick the 'Orders' checkbox.
Then add your email address to the steps for the notification.
Regarding the payment side, could you set it to use "cash of delivery" only; this way you can manually process the payment later?

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