creating a custom post with post fields?

Hi, I want to be able to create a custom post using the post fields. I am creating a vendor directory and the vendors are able to create their profile by entering their info using the post fields. What I would like is for that entry to be able to be a draft of a custom post so then all we would have to do is publish it after we have moderated it.

Is there a way to accomplish this?

Thanks.

You should look at this: http://wordpress.org/extend/plugins/gravity-forms-custom-post-types/